Discrete vs. Continuous Distributions Discrete refers to a random variable drawn from a finite set of possible outcomes. A six-sided die, for example, has six discrete outcomes. A continuous ...

For example, stock prices are discrete random variables, because they can only take on certain values, such as $10.00, $10.01 and $10.02 and not $10.005, since stocks have a minimum tick size of ...

Michael V. Boutsikas, Markos V. Koutras, A Bound for the Distribution of the Sum of Discrete Associated or Negatively Associated Random Variables, The Annals of Applied Probability, Vol. 10, No. 4 ...

Read These Chapter 5. Discrete Probability Distributions in the textbook: 5.1 The Probability Distribution for a Discrete Variable (pp. 186-188) It may be a good idea to work on your own to calculate ...

The alias method of Walker is a clever, new, fast method for generating random variables from an arbitrary, specified discrete distribution. A simple probabilistic proof is given, in terms of mixtures ...