Overview: In probability and statistics, it is important to understand the mean and variance for any random variables. In many applications, it is straightforward to simulate the random variable Y ’s, ...

On a certain track team, the runners all take between 4 and 7 minutes to finish a mile. Suppose the probability density function for the length of time it takes a ...

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 ...

The total area under the curve must equal 1, representing the fact that the probability of some outcome occurring within the entire range is certain. \[\int_{-\infty}^{\infty}f\left(x\right)dx=1\] ...

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, ...