Stats & Prob Lesson 1
Stats & Prob Lesson 1
RANDOM
VARIABLES
Discrete and Continuous
RANDOM VARIABLES
A Random Variable is a function that associates
a real number with each element in the sample
space. It is a variable whose values are
determined by chance. Thus, in simple words, a
Random Variable is a numerical quantity that is
derived from the outcomes of a random
experiment.
Examples of Random Variables
An example of a random
variable for this experiment is
the number of times that the
spinner stops in win.
Steps on how to find the value of the random
variables on any events or experiments: