Читать книгу The Investment Advisor Body of Knowledge + Test Bank - IMCA - Страница 27

Learning Objectives

■ Define and explain discrete random variables.

■ Define and explain continuous random variables.

■ Describe the concept of mutually exclusive events and calculate the probability that an investment will fall within a given range of returns.

■ Describe the concept of independent events and determine the probability that an investment will earn a return above a stated figure.

■ Explain probability matrices.