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Hello Candidates,
In this Crash Course Series for FRM Part 1, we will go through Book 2 - Quantitative Analysis Chapter 3 - Common Univariate Random Variables which will talk about in a crisp and concise manner.
If you fear Quants, this video will definitely help you out.
The following Learning Objectives will be covered:
( LO 3.A )Distinguish the key properties among the following distributions: uniform distribution, Bernoulli distribution, Binomial distribution, Poisson distribution, normal distribution, lognormal distribution, Chi-squared distribution, Student’s t, and F-distributions, and identify common occurrences of each distribution.
(LO 3.B) Describe a mixture distribution and explain the creation and characteristics of mixture distributions