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Only Six Outcome
No in between
Second Thought
If we measure the average family income in rupees for
the each state of India.
This could be any value, nearly infinite possibilities.
For example, if we were to put all possible incomes from Rs.
10,000.00 to 10,000.99 , it would be 100 possibilities.
For Rs. 10,000 to 10,099.99, it would be 10,000 possibilities.
Eventually, the outcomes are so numerous that not possible
to count i.e it become continuous.
It becomes like...........
So What is random variable:
A random variable is a variable that takes on numerical
values as a result of a random experiment or measurement;
associates a numerical value with each possible outcome.
Random variable must have numerical values.
Two things must be keep in mind:
The random variable itself
The possible outcomes or values the random variable can take.
The random variable is denoted by a capital letter such as X
The outcome are denoted by lowercase letters such as x.
Example result from die.............
NOW THERE ARE TWO TYPES OF RANDOM VARIABLE
CONTINIOUS
DISCRETE
DISCRETE V/S CONTINOUS RANDOM VARIABLE
A discrete random variables has a finite number of values or
an infinite sequence of outcome (0,1,2...) and the
differences between the outcomes are meaningful.
Die throw can only have 1,2,3,4,5,6 and each is meaningfully
different
A continuous random variable has a nearly infinite number
of outcomes that cannot be easily counted and the
differences between the outcomes are not meaningful.
With average income, the difference between Rs. 10,000.00 and Rs.
10,000.01 is not meaningful.