definition of probability density graph
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Key Takeaways. Probability Density Functions are a statistical measure used to gauge the likely outcome of a discrete value, e.g., the price of a stock or ETF. PDFs are plotted on a graph typically resembling a bell curve, with the probability of the outcomes lying below the curve.
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Key Takeaways. Probability Density Functions are a statistical measure used to gauge the likely outcome of a discrete value, e.g., the price of a stock or ETF. PDFs are plotted on a graph typically resembling a bell curve, with the probability of the outcomes lying below the curve.
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