ECON 2B03 Lecture Notes - Lecture 12: Discrete Event Simulation, Random Variable

• School: McMaster University
• Department: Economics
• Course: ECON 2B03
• Professor: Hannah Holmes

Document Summary

Unlike their discrete counterparts, continuous random variables are "uncountable" and can assume any value on the real number line. Rather than looking at p(x=x) (i. e. the probability of any specific occurrence), we instead look at p(a