CFA Level 1- Quantitative Methods Part 2 Questions and Answers Exam.
Cumulative Distribution Function (CDF) - distribution function, defines the probability that a random variable, X, takes on a value equal to or less than a specific value, x. Represents the sum, or cumulative value, of the probabilities of the outcomes up to and including a specific outcome. F(x) = P(X ≤ x)
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