What Is a Random Variable? A random variable is one whose value is unknown or a function that assigns ... Consider a probability distribution in which the outcomes of a random event aren’t ...

Madelyn Goodnight / Investopedia A probability distribution is a statistical function ... fundamental types of probability distributions, each describing different kinds of random variables.

You can use the RAND() function to establish probability and create a random variable with normal distribution. Use the formula "=NORMINV(RAND(),B2,C2)", where the RAND() function creates your ...