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BUSINESS MATHEMATICS SOLVED ASSIGNMENT 01 CODE 1429
Aiou solved assignment no. 01 for course code 1429 business mathematics is available here, students can search here all their solved assignments for spring semester 2015. The solutions of all numeric and subjective questions are uploaded.
Discrete and Continuous Random Variables:-
A variable is a quantity whose value changes.
A discrete variable is a variable whose value is obtained by counting. Examples are :- number of students present, number of red marbles in a jar, number of heads when flipping three coins, students grade level.
A continuous Variable is a variable whose value is a obtained by measuring for examples, height of students in class, weight of students in class, time it takes to get to school, distance traveled between classes.
A random variable is a variable whose value is numerical outcome of a random phenomenon. The examples of random variable are first of all a random variable is denoted with a capital letter, the values of X tells what the possible values of X are and how probabilities are assigned to those values, a random variable can be discrete or continuous.
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