The Basics of Probability Distributions
Abdulla Javeri
30 years: Financial markets trader
In financial markets the concern is with earning returns. Although it is unknown what the actual returns will be, probability distributions allows investors to potentially quantify the various outcomes. In this first video of the series, Abdulla covers the very basics of probability distributions and constructs a simple example.
In financial markets the concern is with earning returns. Although it is unknown what the actual returns will be, probability distributions allows investors to potentially quantify the various outcomes. In this first video of the series, Abdulla covers the very basics of probability distributions and constructs a simple example.
The Basics of Probability Distributions
4 mins 11 secs
Probability distributions can be used to predict an outcome for any type of experiment. The basics include a discussion of variables, setting up an experiment and recording results.
Key learning objectives:
Learn the beginning stages of setting up a probability distribution
Abdulla Javeri
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