So far, you learned about discrete random variables and how to calculate or visualize their distribution functions. In this lesson, you'll learn about continuous variables and probability density ...

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, ...

So far, you learned about discrete random variables and how to calculate or visualize their distribution functions. In this lesson, you'll learn about continuous variables and probability density ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Density functions are nonnegative for all real numbers but greater than zero only at a finite or countably infinite number of points. Density functions are nonnegative for all real numbers and are ...

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 ...

In the board game "Chick-a-Pig," a cow that sits in the center of the board and creates an obstacle for players attempting to move across the board. On each turen, a player rolls a die to determine ...