Distribution function: A distribution function is a function that gives the probability that a random variable will take on a value less than or equal to a given value. It is also known as the cumulative distribution function (CDF).
Distribution functions are used in statistics, probability theory, and finance. They can be used to calculate the probability of different events happening, such as the probability that a stock price will go up or down. See also Probability, Probability theory, Statistics._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |