A random variable can be discrete or continuous. Skip to content. News Markets ... Updated April 20, 2025. Reviewed by. ... A typical example of a random variable is the outcome of a coin toss.

The concept of a “random variable” (r.v.) is fundamental and often used in statistics. In this module we’ll study various named discrete random variables. We’ll learn some of their properties and why ...

Overall, the concepts of discrete and continuous probability distributions and the random variables they describe are the underpinnings of probability theory and statistical analysis. Key Takeaways ...