Examlex
With a futures contract:
Probability Density Function
A function that describes the likelihood of a continuous random variable falling within a particular range of values.
Uniform Random Variable
Represents a variable that has a uniform distribution over a certain interval, meaning each value within the interval is equally likely to occur.
Probability Density Function
A function that describes the relative likelihood for a continuous random variable to occur at a point in the possible range of values.
Uniform Random Variable
A type of continuous random variable where all intervals of the same length have an equal probability of occurring.
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