Random variables serve as theoretical models of uncertainty associated with the outcome of measurement. This unit deals with continuous random variables while the previous two units deal with discrete random variables.In your opinion,Do you think it is useful to have a theoretical model for a situation that occurs in real life? Justify.When forming your answer to this question give an example of a situation from you own field of interest for which a random variable, possibly from one of the types that are presented in this unit, can serve as a model.Discuss the importance (or lack thereof) of having a theoretical model for the situation.

A random variable is a variable whose possible values are numerical outcomes of a random phenomenon.…

Answered: Random variables serve as theoretical…

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section: Chapter Questions

Problem 8CR

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Random variables serve as theoretical models of uncertainty associated with the outcome of measurement. This unit deals with continuous random variables while the previous two units deal with discrete random variables.

In your opinion,

- Do you think it is useful to have a theoretical model for a situation that occurs in real life? Justify.
- When forming your answer to this question give an example of a situation from you own field of interest for which a random variable, possibly from one of the types that are presented in this unit, can serve as a model.
- Discuss the importance (or lack thereof) of having a theoretical model for the situation.

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