Types of random variable
Discrete random variable
Continuous random variable
What is discrete random variable
This is one which takes on only whole numbers (integer numbers)
What is continuous random variable
It takes on values within an interval
Probability distribution of discrete random variable
Y p(y) n(y) y(p(y) y^2 y^2py
To get p
Ncn x ncn
N(y)=p
While multiplying y(p(y)), only multiply the numerator
Eg 2x18/84 = 36/84
Expected value
Exp(x)
Variance
E(x)^2 = Ex^2p(x)
To find what’s in the squares on joint distribution
Eg 1 2 3 A b c 0 0 3 0 1 2
First square = 3c3= 1
0 0 3 0 1 2 0 2 1 0 3 0 1 0 2 1 1 1 1 2 0 1 3 0
Second table in joint distribution
Py
Yp(y)
Y2p(y)
Variance in joint distribution
Ex^2p(x) - Exp(x)
Covariance
E(xy) - e(x). E(y)