Numerical Variable

From Open Risk Manual


A Numerical Variable in the context of Quantitative Risk Management is any integer or real variable that is used in the representation of a Risk Model, encoding Explanatory Variables, Risk Factor or Risk Metric


The Numerical Precision required in the representation of numerical variables varies by application. Numerical variables may include negative ranges (but the use of the complex domain is not usual except as a computational tool).

Numerical Variables can be converted to Categorical Variable


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Facts about "Numerical Variable"
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