An example would ... that getting one head has a likelihood of occurring twice in HT and TH. P (Y=1) = 2/4 = 1/2 in this case. A random variable has a probability distribution that represents ...

The binomial distribution, for example, is a discrete distribution ... Overall, the concepts of discrete and continuous probability distributions and the random variables they describe are the ...

For example, in the case of the tossing of an unbiased coin, if there are 3 trials, then the number of times a ‘head’ appears can be a random variable. Probability Distribution: A probability ...

If you are analyzing how fluctuations in sales will affect your business, for example ... function to establish probability and create a random variable with normal distribution.