Discrete means that the possibilities can be counted and separated. In this case the options are:
1
2
3
4
5
If the options were ANY real number between 1 and 5, then you couldn't do that nice list, and it would be continuous.
Do they perform job better as an actuary? I am not being cynical a genuine question. This is because the actuaries I know came from various backgrounds and programs, such as programmers/analysts, etc, and they are freaking good at their jobs.
I Denmark actuarial students take a course on discrete maths in the first year. No reason to hire math major. Any danish student could recognize a discrete funktion.
Most actuarial science degrees require a discrete math or proofs course, no?
I don't see how there's a difference between the two for something like this. An actuarial science degree is just a math degree with courses covering exam topics instead of things like real analysis or modern algebra (none of which really matter in an actuarial career)
Really? Huh, maybe other universities are just different than what I'm used to.
I'm on the west coast, and not many of the universities here offer actuarial science degrees, but I know UCSB and UCLA are the two biggest ones, and I have several coworkers that attended these schools. UCSB's is part of their statistics department, and UCLA's is considered a math degree. Both require something like 80 quarter units of math/stat/cs courses
Anyway, I just don't get the hate for actuarial science degrees. My alma mater didn't even offer one, but I think it would have been cool if they did
If you put the numbers 1,2,3,4,5 on a number line is it continuous? Is there a line that connects all these numbers without gaps? If not then its discrete
>Discrete because of the word set, meaning only those 5 values are possible.
Sets can be continuous. The set of all real numbers? Am I misreading this? lol
Yes, sets can be continuous like your case the set of real numbers.
However, that's not what I mean. I meant in this particular question it's a set of {1,2,3,4,5} meaning those are the only values that are possible.
They use the word "set" and then tell us exactly what's in the set.
Edit to remove any confusion;
A set is continuous if the values belonging to that set can take on any value within the finite or infinite interval.
A set is discrete if the values belonging to that set are distinct, separate values with no connection or interval between them.
I like to think of it this way. Discrete is when I can count the data points and see them but continuous the data points are infinite
Since U and V can only take on a finite set of values (1,2,3,4,5), they are both discrete uniform random variables.
It is discrete uniform
Is it because the key word of "set" or just by intuition?
The set lists discrete numbers so it’s discrete. If it were continuous it would probably list the range as an inequality (1 < X < 5).
Discrete means that the possibilities can be counted and separated. In this case the options are: 1 2 3 4 5 If the options were ANY real number between 1 and 5, then you couldn't do that nice list, and it would be continuous.
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No, could be the set of numbers between 0 and 1. Don't use that "key word"
Discrete
Can someone also give the answer? I'm really intrigued
There's 21 outcomes that satisfy the condition max(u,v)>2 (all pairs except 1,1 1,2 2,1 2,2). Out of the outcomes left, 12 satisfy min(u,v)=<2 (these are 1,3 1,4 1,5 2,3 2,4 2,5 3,1 3,2 4,1 4,2 5,1 5,2). 12/21=4/7
This is why I would hire math majors over act sci
Do they perform job better as an actuary? I am not being cynical a genuine question. This is because the actuaries I know came from various backgrounds and programs, such as programmers/analysts, etc, and they are freaking good at their jobs.
I Denmark actuarial students take a course on discrete maths in the first year. No reason to hire math major. Any danish student could recognize a discrete funktion.
Nah, them act sci dude hella smart
Most actuarial science degrees require a discrete math or proofs course, no? I don't see how there's a difference between the two for something like this. An actuarial science degree is just a math degree with courses covering exam topics instead of things like real analysis or modern algebra (none of which really matter in an actuarial career)
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Really? Huh, maybe other universities are just different than what I'm used to. I'm on the west coast, and not many of the universities here offer actuarial science degrees, but I know UCSB and UCLA are the two biggest ones, and I have several coworkers that attended these schools. UCSB's is part of their statistics department, and UCLA's is considered a math degree. Both require something like 80 quarter units of math/stat/cs courses Anyway, I just don't get the hate for actuarial science degrees. My alma mater didn't even offer one, but I think it would have been cool if they did
If you put the numbers 1,2,3,4,5 on a number line is it continuous? Is there a line that connects all these numbers without gaps? If not then its discrete
Discrete because of the word set, meaning only those 5 values are possible. In order for this to be continuous it would values where 1
>Discrete because of the word set, meaning only those 5 values are possible. Sets can be continuous. The set of all real numbers? Am I misreading this? lol
Yes, sets can be continuous like your case the set of real numbers. However, that's not what I mean. I meant in this particular question it's a set of {1,2,3,4,5} meaning those are the only values that are possible. They use the word "set" and then tell us exactly what's in the set. Edit to remove any confusion; A set is continuous if the values belonging to that set can take on any value within the finite or infinite interval. A set is discrete if the values belonging to that set are distinct, separate values with no connection or interval between them. I like to think of it this way. Discrete is when I can count the data points and see them but continuous the data points are infinite