Table of Contents

Statistics - Random Variable (Random quantity|Aleatory variable|Stochastic variable)

About

Random variable is also known as:

A random variable represents the result of a random process.

The random variable value is the summary of many outcomeS (original variable) of a random phenomenon that describes the result of a random process.

E.g.

Random variable:

Stochastic

Many random variables depend not only on a chance but also on time. They evolve in time while being random at each particular moment.

A random variable that depend on time is called a stochastic process.

Example of random variable

Type

Random variables can be:

Discrete

ie taking any of a specified finite or countable list of values, endowed with a probability mass function characteristic of the random variable's probability distribution;

Person's height

In an experiment a person may be chosen at random, and one random variable may be the person's height.

Mathematically, the random variable is interpreted as a function which maps the person to the person's height.

Associated with the random variable is a probability distribution that allows the computation of the probability that the height is in any subset of possible values, such as the probability that:

The person's number of children

This is a discrete random variable with non-negative integer values

Coin toss

Coin Flipping

Continuous

See Statistics - Continuous Variable ie taking any numerical value in an interval or collection of intervals, via a probability density function that is characteristic of the random variable's probability distribution; or a mixture of both types.

Spinner that can choose a horizontal direction

The values taken by the random variable are directions.

<MATH> X = \text{the angle spun} </MATH>

Possible Sample space

The probability:

Visualization / Central Limit Distribution

When random variables (independent) (estimate of a random process) are added to a set their distribution tends toward a normal distribution (informally a “bell curve”) See Statistics - Central limit theorem (CLT)

Documentation / Reference