Table of Contents
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.
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.