A discrete random variable is a type of random variable that can take on a countable set of distinct values. Common examples include the number of children in a family, the outcome of rolling a die, ...
Using the titanic dataset from seaborn, I demonstrate the difference between a Probability Mass Function and Probabilty Density Function. I use the Probability Density Function to calculate the ...
Overview An introduction to probability and statistics, with practical applications. First section of the course: fundamentals of probability, counting problems, discrete and continuous random ...
In a raffle with 20 tickets, 6 tickets are drawn for prizes. The first prize winner gets $\$20$, 2 second prize winners get $\$10$, and three third prize winners get $\$5$. What is the sample space ...
The Virginia Lottery offers a game called the New Year's Millionaire Raffle for which the top prize is one million dollars. There are 375,000 tickets sold, of which 508 are winners. There are three ...
A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables, ...