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A probability density function (PDF) provides the probability that a discrete random variable will take on a given value. LO e A quantile is the percentage of outcomes less than a given outcome. A quantile function, Q(x%), provides the value of an outcome which is greater than x% of all possible outcomes. FRM Notes Free Download PDF: Part I is an equally-weighted question multiple-choice Exam offered in the morning of the Exam day, and Part II is an equally weighted 80 question multiple-choice Exam offered in the afternoon of the Exam day. Both Exams are administered in a paper and pencil format. FRM Notes Free Download PDF and Study Materials. FRM Notes Free Download PDF: Part I is an equally-weighted question multiple-choice Exam offered in the morning of the Exam day, and Part II is an equally weighted 80 question multiple-choice Exam offered in the afternoon of the Exam day. Both Exams are administered in a paper and pencil format.
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