In the world of data analysis and statistics, continuous and discrete data play fundamental roles. These two types of quantitative data serve different purposes as people use them to draw valuable ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

We talk a lot about quantum computation and quantum key distribution here at Ars, but when we do this, we're usually talking about a discrete logic system. That is, the quantum system uses a set of ...

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