STA 119 Lecture Notes - Lecture 7: Probability Distribution, Probability Mass Function, Random Variable

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A variable is a quantity that can vary. A company makes widgets and sells them for each. They can make as many widgets as they want. The number of widgets is therefore not a fixed number but a variable chosen by the company. Thus, we would want to use a variable (say x) to represent the number of widgets made. The revenue generated by these widgets is also a variable (say y) that is dependent on the number of widgets that we make. All of these quantities are variables since they can take on many possible values. The length of time it takes a person to run a mile tomorrow. The number of spots we will see after a die is rolled. How many baskets you will make when shooting 10 shots. The number of customers that will come to our restaurant tomorrow for lunch. How long it takes for an individual to get over an illness.

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