A discrete random variable is a type of random variable that can take on a countable set of distinct values. Common examples ...
In order to verify the distribution's characteristics inside of the statistical processing of discrete random variables RV we ...
The random variable 2−3X is of the form aX+b, with a=−3 and b=2. Thus, Var(2−3X)=(−3)2Var(X)=9⋅2=18. Is it always true ...
Roll a die and ask students to identify the random variable. Since a die can only take on values of 1, 2, 3, 4, 5, or 6, this is ...
Abstract: Fuzzy random variables possess several interpretations. Historically, they were proposed either as a tool for handling ...
Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers.