Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- HISTOGRAM
A table or bar chart displaying a probability distribution. All of the probabilities in the histogram total to 100 percent. The frequency of the data for each interval is represented by the height of the bar. The technique can be used to combine a group of individual rate forecasts to obtain a single probability weighted average of the various subjective predictions for interest rates.Back