Benjiko

sgupta0827 Wrote:
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> How is Quoted stock prices on the NASDAQ is an
> example of discrete random variable? Shouldn't
> this be continuous? Could you explain this by an
> example?


I am not sure but I think it is because they quote the price to 2 decimal places (which of course makes sense) So though there are infinite values, they are still discrete since between any two values there are not infinite values.
In the case of continuous, there are infinite values between any two values. Think number line and how there are infinite points between any two points on the number line.