Random variable

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Random variable

A function that assigns a real number to each and every possible outcome of a random experiment.

Random Variable

In statistics, a variable expressing all possible outcomes of a set of circumstances. It is important in probability density function and probability distribution.
References in periodicals archive ?
As such, it would be useful to analyze a scenario in which the landowner understands that the random bids that he is faced with are independent but not identically distributed over time.
A very simple case is that in which policyholders are exposed to independent and identically distributed losses when measured in constant dollars, but in which a random (unexpected) inflation rate impacts all claims.
t][square root of t] are independently and identically distributed over time with mean zero and variance [Mathematical Expression Omitted].
Since the construction of STIT tessellations fulfills a consistency property (see Theorem 1 in Nagel and Weiss, 2005) we can conclude that the marked section point process on g generated by the STIT [PHI] is identically distributed as that one from (iii).
The asymptotics of the survival probability of the subcritical branching processes in random environment generated by a sequence of independent identically distributed random variables was found in (7) for single-type processes.
N]} represent N independent and identically distributed (i.