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What does it mean: 'The inf is only needed when measuring the quantile of distributions that have regions with no probability'?

What does it mean: 'where R(x) denotes the possible realizations rendered from the random variable X'?

Hello! I have a question about how to better handle FRM part 1. I have an exam in November. On average I have 80 hours per month for preparing. I don't know really how to deal with question. Should I , for example , read chapter 1 , then write the main things down and the most important - to...

Hello everyone, Appreciate may not be many of us sitting the exam in Russia however if anyone interested please comment below. Thanks! Denis