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, ...

This is very straight forward, because $$\mathbb{P}{\mathbb{X}=x}$$ is, well, $$\mathbb{P}{\mathbb{X}=x}$$. There really is no need for other fancy method. (a) The ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...

This repository contains the complete MATLAB solutions for four computer assignments for the Engineering Probability course at K. N. Toosi University of Technology. The assignments cover a wide range ...

School of Mathematical Sciences, Rochester Institute of Technology, Rochester, New York, USA. There are commonly used, continuous probability distributions of one variable, such as the normal ...

In a raffle with 20 tickets, 6 tickets are drawn for prizes. The first prize winner gets $\$20$, 2 second prize winners get $\$10$, and three third prize winners get $\$5$. What is the sample space ...