8 terms in 4
Continuous Random Variable
A continuous random variable X can assume any real value within a specified interval. Probabilities are described by a p
Random Variables
Cumulative Distribution Function
The cumulative distribution function F(x) = P(X ≤ x) gives the total probability for all values up to and including x. F
Random Variables
4.1: Random Variable
A function that assigns numerical values to the outcomes of a random experiment. Discrete random variables take specific
Random Variables
4.1: Random Variable
For a discrete random variable, a table or formula showing P(X = x) for each possible value x. For a continuous random v
Random Variables
4.2: Expected Value
The mean or average value of a random variable, calculated as E(X) = ΣxP(X = x) for discrete variables or E(X) = ∫xf(x)d
Random Variables
4.2: Expected Value
Variance measures the spread of a random variable about its mean, calculated as Var(X) = E[(X - μ)²] = E(X²) - [E(X)]²,
Random Variables