A random variable is one whose value is unknown or a function that assigns values to each of an experiment’s outcomes. A random variable can be discrete or continuous.

Continuous distributions: Examples include the normal distribution, exponential distribution, and uniform distribution, which are used for continuous random variables.

How to Generate a Random Variable With Normal Distribution in Excel. Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be ...

In this paper we define the concept of a normal fuzzy random variable and we prove the following representation theorem: Every normal fuzzy random variable equals the sum of its expected value and a ...