A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables, ...
Stochastic dominance (SD) theory is concerned with orderings of random variables by classes of utility functions characterized solely in terms of general properties. This paper discusses a type of ...
Classifying a variable as a particular type of data is important when considering how to present the data. Data can be presented in a number of ways, which depends on the type of variable and the uses ...