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Glossary / Lexicon

What is a random variable?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A random variable is a variable whose value is random for an outcome from an experiment or other process. Random variables can take on discrete, continuous, or combined values. Examples of random variables are the number of copies of a certain book that a publisher sells, the number of students who receive a certain course grade, or the number of goals that a certain soccer team scores during a season.
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