Entity: RANDOM-VARIABLE
A random variable is a mathematical formalization of a quantity or object that depends on random events, with values that are unknown until observed. It can be discrete or continuous, and its outcomes are determined by the results of a statistical experiment.
Random Variable
Etymology
The term 'random variable' is used in mathematics to describe a quantity or object that is dependent on random events.
Definition
A random variable is a mathematical concept representing a quantity or object that is subject to random events, with values that are not predetermined but depend on the outcomes of a statistical experiment.
Historical Context
The concept of random variables has been a fundamental part of probability theory and statistics, dating back to the early developments in these fields.
Cultural Significance
Random variables play a crucial role in various scientific disciplines, including physics, economics, and engineering, where uncertainty and randomness are inherent.
Related Concepts
- Probability Theory
- Stochastic Processes
- Statistical Experiments
See Also
A random variable is a mathematical concept representing a quantity or object that is subject to random events, with values that are not predetermined but depend on the outcomes of a statistical experiment.