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Variance and standard deviation of a discrete random variable

Variance and standard deviation of a discrete random variable

We learn how to calculate the mean and standard deviation of a discrete random variable. The concept of a random variable is explained, along with methods to calculate its expected value (mean) and measure its spread (variance and standard deviation). A practical example makes the concept easier to understand.

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Mean (expected value) of a discrete random variable

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CONCEPT NOTE 2/LESSON 2: TYPES OF RANDOM VARIABLE TWO TYPES OF RANDOM VARIABLES • DISCRETE RANDOM VARIABLE- variable that can take on finite number of distinct values. Examples: 1. Number of heads obtained when tossing a coin thrice 2. The number of siblings a person has. 3. Number of student’s present in a classroom at a given time. • CONTINUOUS RANDOM VARIABLE- variable that can take an infinitely uncountable number of possible values, typically measurable quantities. Examples: 1. Time of pers

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Mean (expected value) of a discrete random variable

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