Discrete Distribution

Filed Under » Formulas , Statistics

Dictionary Says

Definition of 'Discrete Distribution'

The statistical or probabilistic properties of observable (either finite or countably infinite) pre-defined values. Unlike a continuous distribution, which has an infinite number of outcomes, a discrete distribution is characterized by a limited number of possible observations. Discrete distribution is frequently used in statistical modeling and computer programming.

Also known as a "discrete probability distribution".

Investopedia Says

Investopedia explains 'Discrete Distribution'

Examples of discrete probability distributions include binomial distribution (with a finite set of values) and Poisson distribution (with an countably infinite set of values). The concept of probability distrubtions and the random variables they describe are the underpinnnings of probability theory and statistical analysis.

Related Definitions

Stochastic Modeling

A method of ...
Read More »
Statistics

A type of ...
Read More »
Scenario Analysis

The process of ...
Read More »
Quantitative Analysis

A business or ...
Read More »
Poisson Distribution

A statistical ...
Read More »
Random Variable

A variable whose ...
Read More »
Positive Correlation

A relationship ...
Read More »
Impression

A metric used to ...
Read More »
Hockey Stick Chart

A line chart in ...
Read More »
Robust

A characteristic ...
Read More »

Search results for

'Discrete Distribution'

Find The Right Fit With Probability Distributions

http://www.investopedia.com/articles/06/probabilitydistribution.asp

... 1/6). Our plot below shows the solid line (so you can see it better), but keep in
mind that this is a discrete distribution - you cant roll 2.5 or 2.11: ...
CFA Level 1 Study Guide - Quantitative Methods - Common ...

http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/probability-distributions-calculations.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...
CFA Level 1 Study Guide - Quantitative Methods - Discrete and ...

http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/discrete-continuous-compounding.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...
CFA Level 1 Study Guide - Quantitative Methods - Common ...

http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/probability-distribution-properties.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...
CFA Level 1 Study Guide - Quantitative Methods - Common ...

http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/probability-distributions.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...
Bet Smarter With The Monte Carlo Simulation

http://www.investopedia.com/articles/07/monte_carlo_intro.asp

... Exponential Distribution - Continuous distribution used to illustrate the time between
independent ... frequency function P(x) (if X is discrete), or probability ...
CFA Level 1 Study Guide - Quantitative Methods - Confidence ...

http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/confidence-intervals.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...
CFA Level 1 Study Guide - Ethics and Standards - Introduction ...

http://www.investopedia.com/exam-guide/cfa-level-1/ethics-standards/default.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...
CFA Level 1 Study Guide - Quantitative Methods - Skew And Kurtosis ...

http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/statistical-skew-kurtosis.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...
CFA Level 1 Study Guide - Microeconomics - Inefficiencies of ...

http://www.investopedia.com/exam-guide/cfa-level-1/microeconomics/inefficiencies-monopolies.asp

... Calculations; 2.18 Common Probability Distribution Properties; 2.19 Confidence
Intervals; 2.20 Discrete and Continuous Compounding; ...

Related Articles

Current Account Deficits: Government Investment Or Irresponsibility?

Deficit can be a sign of trouble for some countries, and of health for others. Find out what it means when more funds are exiting than entering a nation.
Read More »
What Is Fiscal Policy?

Learn how governments adjust taxes and government spending to moderate the economy.
Read More »
Do Tax Cuts Stimulate The Economy?

Learn the logic behind the belief that reducing government income benefits everyone.
Read More »
What Caused The Great Depression?

Learn how government actions may have contributed to this major economic downturn.
Read More »
Corporate Currency Risks Explained

Transaction, translation and economic risks can affect a company's balance sheet.
Read More »
Forex Leverage: A Double-Edged Sword

Find out how this flexible and customizable tool magnifies both gains and losses.
Read More »
The Greatest Currency Trades Ever Made

These speculators took big positions - and scored huge profits - in the currency market.
Read More »
Calculating Profits And Losses Of Your Currency Trades

The forex is a risky market, and traders must always remain alert about their trade positions. Learn how to keep on top of your currency trades.
Read More »
Top 4 Things Successful Forex Traders Do

By blending good analysis with effective implementation, you can dramatically improve your profits in this market.
Read More »
Play Foreign Currencies Against The U.S. Dollar And Win

Don't panic when the dollar drops. Learn to exploit the greenback's decline and profit from it.
Read More »

Partner Links