Discusses the concept of discrete random variables and their probability distributions.
What is a Discrete Random Variable?
Discrete outcomes are those that can be counted and are distinct from one another. A discrete random variable is a variable that can take on a finite number of values. For example, the number of heads in a series of coin flips is a discrete random variable.
This differs from continuous random variables, which can take on any value within a range. For example, the height of a person is a continuous random variable.
We can model a discrete random variables outcomes through a binomial distribution, which describes the probability of getting a certain number of successes in a fixed number of trials.
Continuous Random Variables
Continuous Random Variables are those that can take on any value within a range. For example, the height of a person is a continuous random variable.
To contrast, a continuous random variable has a infinitely dividable range of values, with “infinite precision”
There is a lot more to cover on what we can do with these random variables, but I already have several notes written for another class, namely CH2 - Random Variables.