|
Random variable |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Random variableAn economic or statistical variable that takes on multiple (or a continuum of) values, each with some probability that is specified by a probability distribution (or probability density function).Random variableA function that assigns a real number to each and every possible outcome of a random experiment.Random variable Similar MatchesVariable costsVariable costsBusiness expenses which vary according to the volume of goods or services sold. Variable costVariable costA cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero. Discrete random variableDiscrete random variableA random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . Normal random variableNormal random variableA random variable that has a normal probability distribution. Continuous random variableContinuous random variableA random value that can take any fractional value within specified ranges, as contrasted with a discrete variable. Further SuggestionsInvestment Company with Variable CapitalVariable Interest Rate Exogenous variable Meff Renta Variable Variable Ratio Write Variable cost Standard variable rate Variable rate demand note Variable rate variable annuity Variable rate mortgages Variable interest rate Discrete variable Standard Variable Rate variable interest rate Variable rate loan Variable annuities Key Process Variable Variable rate CDs Variable price security variable rate mortgage Strategic variable variable life insurance Variable rated demand bond (VRDB) Endogenous variable |
|
|
|