What is an example of a popular continuous stochastic process? When would you use a continuous stochastic process instead of a discrete stochastic process? There might be more than one correct answer:

a. Brownian motion is a continuous stochastic process. You would use a continuous stochastic process when you want to model the price dynamics of an illiquid asset

b. Poisson process is a continuous stochastic process. You would use a continuous stochastic process when you want to model jumps in the market

c. Brownian motion is a continuous stochastic process. You would normally use a continuous stochastic process when you want to model liquid assets such as blue chip equities and others

d. Brownian motion is a continuous stochastic process. You would use a continuous stochastic process when you want to model jumps in the market