working with random variables. what is a random variable? a random variable is a variable that has a...
TRANSCRIPT
Working with Working with Random VariablesRandom Variables
What is a Random Variable?
• A random variable is a variable that has a numerical value which arises by chance (ie – from a random event).– Numerical scores or values may be
assigned to events to create a random variable. For example, in attempting to test the hypothesis that “whenever I drop my toast it always falls buttered side down!” one could let “down” = 1 and “up” = 0.
Discrete and Continuous
• If there is a finite number of possible values that variable can take it is considered to be discrete.
• If there is an infinite number of possible choices, the variable is considered continuous.
• If there is a huge number of possible values that a discrete variable can take we can often act as if it is continuous.
Graphing Probability Distributions
• A histogram gives you a quick picture of the possible outcomes of an event.
• For example, suppose you rolled 3 dice, 5000 times! What would you expect the sum of the dice to equal?– What would be the most probable sum?– What would a graph (histogram) of all sums
look like?
3-Dice Experiment
How about 20 Dice!
20 Dice – 15000 times!
Working With Continuous Variables
• What is the probability of either A or B happening?
• What is the probability of neither happening?
Z-Scores: a new twist
• We can use z-scores to tell us probability values
• As we have just seen, many discrete processes can be “modelled” as normal distributed ones
In conclusion…
• Key idea here is the notion of a probability distribution and how area relates to probability
• Make sure you grasp the “re-interpretation” of z-scores that we have developed here
• Try…4.43, 4.44, 4.47, 4.52, 4.54, 4.55