Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

This column is the fourth in a series on parameter estimation, leading up to the justly famous Kalman filter. The discipline is based on the fact that our knowledge of the state of any real-world ...

Uniform distribution (continuous) In mathematics, the continuous uniform distributions are probability distributions such that all intervals of the same length are equally probable. When working with ...

A continuous r. v. can only hypothetically assume any value on a continuum. When only an approximating discrete r. v. ("discretization") is observable, estimation procedures employing the hypothetical ...

Kristina Zucchi is an investment analyst and financial writer with 15+ years of experience managing portfolios and conducting equity research. Gordon Scott has been an active investor and technical ...