Difference between revisions of "Probability distribution"
(Created page with "Probability distribution is a listing, chart, or graph of all possible outcomes, such as expected rates of return, with a probability assigned to each outcome. ==Definit...") |
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Probability distribution]]. A listing, chart, or graph of all possible outcomes, such as expected rates of return, with a probability assigned to each outcome. | :[[Probability distribution]]. A listing, chart, or graph of all possible outcomes, such as expected rates of return, with a probability assigned to each outcome. | ||
| + | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
| + | :[[Probability distribution]]. Describes the likelihood (or the probability) that each of the mutually exclusive and collectively exhaustive set of events will occur. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Introduction to Financial Management]]. | *[[Introduction to Financial Management]]. | ||
| − | [[Category: Financial Management]][[Category: Articles]] | + | [[Category: Financial Management]][[Category: Articles]][[Category: Accounting]] |
Latest revision as of 21:08, 10 July 2020
Probability distribution is a listing, chart, or graph of all possible outcomes, such as expected rates of return, with a probability assigned to each outcome.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Probability distribution. A listing, chart, or graph of all possible outcomes, such as expected rates of return, with a probability assigned to each outcome.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Probability distribution. Describes the likelihood (or the probability) that each of the mutually exclusive and collectively exhaustive set of events will occur.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
