Q3: Lesson 3 | Exploring Random Variable Flashcards
may be viewed as a way of map outcomes of statistified experiment determined by chance into a number
random variable
it is a set whose elements are the numbers assigned to the outcomes of an experiment
random variable
a random variable that can take on a finite number of distinct values
discrete random variable
a random variable that take an infinitely uncountable number of possible outcome, typically measurable quantities
continuous random variable
consists of values a random variable can assume and the corresponding probabilities
discrete probability distribution
considered as a measure of the central location of a random variabe
mean
it is the weighted average of the values that random variable x can take, with weights provided by the probability distribution
mean
of a discrete random variable x can be computed by first multiplying each possible x value by the probability of observing that value and then adding the resulting quantities
expected value or mean value
measure of spread
variance
measure of variability/dispersion
standard deviation