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st: Re: percent of time a

From   Kit Baum <>
Subject   st: Re: percent of time a
Date   Thu, 12 Feb 2009 06:37:14 -0500

I was being facetious: the probability that a continuous RV takes on a particular value on the real line is zero. If you're going to muddy the waters with real data, though, recorded to finite precision (such as integers), that concept has little meaning.

Kit Baum, Boston College Economics and DIW Berlin
An Introduction to Modern Econometrics Using Stata:

On Feb 12, 2009, at 02:33 , Howard wrote:

The censoring means that p(X_i=0) is not zero. I guess it's also true that my variables are not strictly continuous in that they're rounded to the nearest integer.

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