What is Random Variable Meaning
A Random Variable Probability is a mathematical concept that assigns numerical values to outcomes of a sample space. They can describe the outcomes of objective randomness (like tossing a coin) or subjective randomness(results of a cricket game).
There are two types of Random Variables- Discrete and Continuous.
A random variable is considered a discrete random variable when it takes specific, or distinct values within an interval. Conversely, if it takes a continuous range of values, then it is classified as a continuous random variable.
Random variables are generally represented by capital letters like X and Y. This is explained by the example below:
Example
If two unbiased coins are tossed then find the random variable associated with that event.
Solution:
Suppose Two (unbiased) coins are tossed
X = number of heads. [X is a random variable or function]
Here, the sample space S = {HH, HT, TH, TT}
Random Variable Definition
We define a random variable as a function that maps from the sample space of an experiment to the real numbers. Mathematically, Random Variable is expressed as,
X: S →R
where,
- X is Random Variable (It is usually denoted using capital letter)
- S is Sample Space
- R is Set of Real Numbers
Suppose a random variable X takes m different values i.e. sample space
X = {x1, x2, x3………xm} with probabilities
P(X = xi) = pi
where 1 ≤ i ≤ m
The probabilities must satisfy the following conditions :
- 0 ≤ pi ≤ 1; where 1 ≤ i ≤ m
- p1 + p2 + p3 + ……. + pm = 1 Or we can say 0 ≤ pi ≤ 1 and ∑pi = 1
Hence possible values for random variable X are 0, 1, 2.
X = {0, 1, 2} where m = 3
- P(X = 0) = (Probability that number of heads is 0) = P(TT) = 1/2×1/2 = 1/4
- P(X = 1) = (Probability that number of heads is 1) = P(HT | TH) = 1/2×1/2 + 1/2×1/2 = 1/2
- P(X = 2) = (Probability that number of heads is 2) = P(HH) = 1/2×1/2 = 1/4
Here, you can observe that, (0 ≤ p1, p2, p3 ≤ 1/2)
p1 + p2 + p3 = 1/4 + 2/4 + 1/4 = 1
For example,
Suppose a dice is thrown (X = outcome of the dice). Here, the sample space S = {1, 2, 3, 4, 5, 6}. The output of the function will be:
- P(X=1) = 1/6
- P(X=2) = 1/6
- P(X=3) = 1/6
- P(X=4) = 1/6
- P(X=5) = 1/6
- P(X=6) = 1/6
Random Variables
A random variable in statistics is a function that assigns a real value to an outcome in the sample space of a random experiment. For example: if you roll a die, you can assign a number to each possible outcome.
Random variables can have specific values or any value in a range.
There are two basic types of random variables,
- Discrete Random Variables
- Continuous Random Variables
In this article, we will learn about random variable statistics, their types, random variable example, and others in detail.
Table of Content
- What is Random Variable Meaning
- Variate
- Types of Random Variable
- Discrete Random Variable
- Continuous Random Variable
- Random Variable Formulas
- Random Variable Functions
- Probability Distribution and Random Variable
- Random Variable Example with Solutions
- Practice Problems on Random Variable