Discrete variable


 

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Discrete variable

Variable like 1, 2, 3. Bond ratings are examples of discrete classifications.



Discrete variable

Similar Matches

Discrete compounding

Discrete compounding

Compounding the time value of money for separate time intervals.


Discrete time

Discrete time

The division of time into indivisible units. In economic models, these units represent periods, such as days, quarters, or years.


Discrete random variable

Discrete random variable

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . .




 
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