random variable

random variable - a variable whose value is unknown or a function that assigns values to each of an experiments outcomes

9 times a number is that number minus 10 The phrase [I]a number[/I] means we define a random/arbitrary variable, let's call it x: x 9 times a number means we multiply x by 9: 9x The phrase [I]that number[/I] refers back to the original arbitrary variable we defined above, which is x: x That number minus 10 means we subtract 10 from x: x - 10 The word [I]is[/I] means equal to, so we set 9x equal to x - 10 [B]9x = x - 10[/B]

A random variable X follows the uniform distribution with a lower limit of 670 and an upper limit a. Calculate the mean and standard deviation of this distribution. (Round intermediate calculation for standard deviation to 4 decimal places and final answer to 2 decimal places.) Using our [URL=' distribution calculator[/URL], we get: [B]Mean = 720 Standard deviation = 28.87 [/B] b. What is the probability that X is less than 730? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Using our [URL=' distribution calculator[/URL], we get: [B]0.6[/B]

Free Chebyshevs Theorem Calculator - Using Chebyshevs Theorem, this calculates the following:
Probability that random variable X is within k standard deviations of the mean.
How many k standard deviations within the mean given a P(X) value.

Determine whether the random variable is discrete or continuous. In each case, state the possible values of the random variable. (a) The number of customers arriving at a bank between noon and 1:00 P.M. (i) The random variable is continuous. The possible values are x >= 0. (ii) The random variable is discrete. The possible values are x = 0, 1, 2,... (iii) The random variable is continuous. The possible values are x = 0, 1, 2,... (iv) The random variable is discrete. The possible values are x >= 0. (b) The amount of snowfall (i) The random variable is continuous. The possible values are s = 0, 1, 2,... (ii) The random variable is discrete. The possible values are s >= 0. (iii) The random variable is discrete. The possible values are s = 0, 1, 2,... (iv) The random variable is continuous. The possible values are s >= 0. [B](a) (ii) The random variable is discrete. The possible values are x = 0, 1, 2,... Discrete variables are limited in the values they can take between 9 and ? (b) (iv) The random variable is continuous. The possible values are s >= 0. Snowfall can be a decimal and can vary between 0 and ?[/B]

Free Expected Value Calculator - This lesson walks you through what expected value is, expected value notation, the expected value of a discrete random variable, the expected value of a continuous random variable, and expected value properties.

Free Normal Distribution Calculator - Calculates the probability that a random variable is less than or greater than a value or between 2 values using the Normal Distribution z-score (z value) method (Central Limit Theorem).
Also calculates the Range of values for the 68-95-99.7 rule, or three-sigma rule, or empirical rule. Calculates z score probability

Imagine you are in a game show. Prizes hidden on a game board with 10 spaces. One prize is worth $100, another is worth $50, and two are worth $10. You have to pay $20 to the host if your choice is not correct. Let the random variable x be the winning (a) What is your expected winning in this game? (b) Determine the standard deviation of x. (Round the answer to two decimal places) (a) 100(0.1) + 50(0.1) + 10(0.2) - 20 = 10 + 5 + 2 - 20 = [B]-3[/B] (b) 3.3 using our [URL=' deviation calculator[/URL]