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Discrete variable

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Discrete Variable
Discrete Variable definition :
Variable like 1, 2, 3. Bond ratings are examples of discrete classifications.
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Discrete variable
Definition: A variable that takes only a finite number of real values. (e.g., 1, 3, 5 and 1,000).
Related glossary term: ...

DISCRETE VARIABLE - Variable like 1, 2, 3. Bond ratings are examples of discrete classifications.
DISCRETION - Freedom given to the floor broker by an investor to use his judgment regarding the executi...

A random value that can take any fractional value within specified ranges, as
contrasted with a discrete variable.
Discrete compounding
Compounding the time value of money for discrete time intervals.

Continuous random variable
A random value that can take any fractional value within specified ranges, as contrasted with a discrete variable.
Stochastic variable
A variable whose future value is uncertain.

In terms of statistics, this describes variables that assume only particular, distinct values and that are not continuous. For example, salary levels and performance classifications are discrete variables, ...

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . .
Discrete variable ...

— see discrete variable (below).
discrete v. — one in which the possible values are not on a continuous scale, e.g. the number of sheep in a flock.
endogenous v. — dependent variable.
exogenous v.

See also: Random variable, Internal rate of return, Life insurance policy, LIBOR, Time Value