MathsMean and Variance of Random Variable

Mean and Variance of Random Variable

Explain in Detail :Mean of Discrete Random Variables

The mean of a discrete random variable is the arithmetic average of the possible values that the random variable can take on. It is calculated by adding up all of the values and dividing by the total number of values.

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    Mean and Variance of Continuous Random Variable

    The mean of a continuous random variable is the expected value of the variable. The variance is a measure of the spread of the variable around its mean.

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