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Example of a Probability Density Function (PDF) The probability density function measures continuous variables. Having said that, it's important to note that stock and investment returns are ...
You can now see these are probability density function (PDF) plots. If we re-plot the exact same distribution as a cumulative distribution, we'll get the following: Image by Julie Bang ...
The PDF and cumulative distribution function are important tools in statistics, but they provide different information about a random variable. Think of the probability density function as a ...