Some authors take the following as the definition of continuous random variables: A random variable is continuous
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Some authors take the following as the definition of continuous random variables: A random variable is continuous if the cumulative distribution function F(x) is continuous for all real x. Show that if X is a discrete random variable, then the cdf of X is not continuous.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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