7. A discrete probability distribution is one in which the random variable can only take on specific

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7. A discrete probability distribution is one in which the random variable can only take on specific values, while a random variable can take on any possible value within the range of outcomes for a continuous probability distribution.

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Measuring And Controlling Interest Rate And Credit Risk

ISBN: 9780471268062

2nd Edition

Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry

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