Continuous Scenarios
In economics and finance, it is more likely that the set of possible outcomes is continuous (a numerical or currency value between 0 and infinity). In this case, simplifying assumptions are made about the distribution of possible outcomes. Either a continuous probability function is constructed, or a discrete probability distribution is assumed
Read more about this topic: Expected Return
Famous quotes containing the words continuous and/or scenarios:
“I read the newspapers avidly. It is my one form of continuous fiction.”
—Aneurin Bevan (1897–1960)
“The taste for worst-case scenarios reflects the need to master fear of what is felt to be uncontrollable. It also expresses an imaginative complicity with disaster.”
—Susan Sontag (b. 1933)