Explain in your own words the difference between assessing the probability for a discrete event and assessing

Question:

Explain in your own words the difference between assessing the probability for a discrete event and assessing a probability for a continuous unknown quantity.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...