Session 2, Reading 10: Probability distributions
This video continues a review of quantitative methods in the CFA. I'm dividing them to two parts, so this is Part One and the next video will be Part Two. In this video, we will look at common probability distributions. Specifically, we look at how we tend to characterize random variables with probability distributions. We will be very specific about what we mean by probability distributions. It needs to meet a certain definition. We will also look at the important ones, or at least the extremely common ones, among a much wider set of possible distributions that we could use.
This video continues a review of quantitative methods in the CFA. I'm dividing them to two parts, so this is Part One and the next video will be Part Two. In this video, we will look at common probability distributions. Specifically, we look at how we tend to characterize random variables with probability distributions. We will be very specific about what we mean by probability distributions. It needs to meet a certain definition. We will also look at the important ones, or at least the extremely common ones, among a much wider set of possible distributions that we could use.
