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 ...

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 ...

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.