What do you understand by a random variable ? Define the types of random variables?
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A random variable is a variable that is subject to randomness, which means it can take on different values. As in basic math, variables represent something, and we can denote them with an x or a y or any other letter for that matter. But in statistics, it is normal to use an X to denote a random variable.
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A random variable is a variable that is subject to randomness, which means it can take on different values. As in basic math, variables represent something, and we can denote them with an x or a y or any other letter for that matter. But in statistics, it is normal to use an X to denote a random variable.
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