# Archives

## Singer-Terhaar Model

So . . . you woke up this morning and said to yourself, “I feel like estimating the risk premium for an equity market.  But not just any old equity market.  I want to estimate the risk premium for an equity market that is only partially integrated with global markets.”  Deep down, you’re a thrill […]

CFA® Level III Membership

This will give you access to this and all other articles at that membership level.

## Probability Distributions

In the Level I CFA curriculum there are, at the moment, these probability distributions that candidates must understand and be able to use: Discrete distributions Binomial Uniform  Continuous distributions Chi-square (χ2) F Lognormal Normal Student’s t Uniform This article will describe discrete and continuous distributions in general and how to use them; the links, above, […]

CFA® Level I Membership, CFA® Level I Quantitative Methods Membership

This will give you access to this and all other articles at that membership level.

## Continuous Uniform Distribution

Before reading this article, make sure that you have read the article on probability distributions in general. The continuous uniform distribution is almost as easy to understand as the discrete uniform distribution: although it has an infinite number of possible values that it can take – it is continuous, after all – those values comprise […]

CFA® Level I Membership, CFA® Level I Quantitative Methods Membership

This will give you access to this and all other articles at that membership level.

## Discrete Uniform Distribution

Before reading this article, make sure that you have read the article on probability distributions in general. The discrete uniform distribution is arguably one of the easiest to understand: it has only a finite number of possible values that it can take, and the probability of taking on any value is the same as the […]

CFA® Level I Membership, CFA® Level I Quantitative Methods Membership

This will give you access to this and all other articles at that membership level.

## Binomial Distribution

Before reading this article, make sure that you have read the article on probability distributions in general. The binomial probability distribution is a discrete distribution: it has only a finite number of possible values that it can take.  To understand the binomial distribution, you first have to understand the idea of a Bernoulli trial. A […]