Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).
Abstract: In this chapter, we introduce the concept of a random variable and develop the procedures for characterizing random variables, including the cumulative distribution function, as well as the ...
Copyright © 2013 John J. Wiorkowski. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use ...
Chance and uncertainty play a role in many aspects of life. A solid understanding of probability enhances critical thinking and empowers us to make well-informed decisions in everyday situations such ...
Amusement park patrons, wanting to go on a log ride, might not have to wait in line at all, they might have to wait for hours, or the wait could be anywhere in between. For a random log rider, the ...
theorem 1.3 $text{If } A = A_1 \cup A_2 \cup \cdots \cup A_m \text{ and } A_i \cap A_j = \emptyset \text { for all } i \neq j \text{ , then }$ Definition 1.1 Outcome ...
The Virginia Lottery offers a game called the New Year's Millionaire Raffle for which the top prize is one million dollars. There are 375,000 tickets sold, of which 508 are winners. There are three ...
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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