A discrete random variable is a type of random variable that can take on a countable set of distinct values. Common examples include the number of children in a family, the outcome of rolling a die, ...

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Example 1: A coin is flipped. Random variable X takes the value 1 if the coin lands heads, and X takes the value 0 if the coin shows tails. Example 2: Three balls are drawn without replacement from a ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...

A **variable** is said to be **random** if its values are determined by a random experiment. In other word, **random variable** is a numerical description of the ...

The reports aim to provide a clear understanding of key concepts in probability and statistics, making them accessible to learners at all levels. Each report breaks down complex topics into digestible ...

A continuous random variable is a type of variable that can take on any value within a given range. Unlike discrete random variables, which have a countable number of outcomes, continuous random ...