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Question

Consider the following statements regarding random variables :

1. A discrete random variable will have a countable number of distinct values.

2. Continuous random variable is defined for the system which generates a finite number of outcomes within a finite period of time.

Which of the above statements is/are correct?

The correct answer is
1 only

Random Variable Definitions Analysis

We need to evaluate the correctness of two statements regarding random variables.

Statement 1: Discrete Random Variable

  • Definition: A discrete random variable is characterized by taking on a finite number of distinct values or a countably infinite number of distinct values.
  • Analysis: The statement accurately describes a discrete random variable as having a "countable number of distinct values."
  • Conclusion: Statement 1 is correct.

Statement 2: Continuous Random Variable

  • Definition: A continuous random variable can take on any value within a given range or interval. The set of possible values is uncountable.
  • Analysis: The statement defines a continuous random variable as generating a "finite number of outcomes within a finite period of time." This is inaccurate. Continuous variables deal with uncountable possibilities, not finite outcomes within a timeframe. This description does not align with the standard definition.
  • Conclusion: Statement 2 is incorrect.

Final Conclusion

Based on the analysis, only statement 1 is correct. Therefore, the correct option is the one that includes "1 only".

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Important Questions from Random Variables

  1. If the odds in favour of any random event A are 5 ∶ 6, then the odds against the event are:

  2. If random variable X follows binomial distribution with parameter n and p with mean 15 and variance 10, then the value of mode is

  3. Let $X$, $N$, $Y$ and $Z$ be random variables. The variables $X$ and $N$ are independent of each other. $X$ is uniformly distributed between -1 and 1; $N$ follows Normal distribution with zero mean and unity variance.
    $Y$ and $Z$ are defined as, $Y = X + N$ and $Z = X^2 + N$.
    Which of the following pairs represents the values of correlation between $X$ and $Y$ and that between $X$ and $Z$?
  4. Consider the following probability density function for a random variable x.

    (a) \(f_{1}(x)=1\ ;\ -1\le x\le 1\)

    (b) \(f_{2}(x)=x\ ;\ 0\le x\le 1\)

    (c) \(f_{3}(x)=(1-x)\ ;\ -1\le x\le 1\)

    Arrange the above functions in terms of the increasing value of mean of random variable x.

  5. Considering all the symbols with their usual meanings, match the following :

    List - I List - II 
    (a) \(f_{X}(x)\)(i) \(\displaystyle\int_{-\infty}^{\infty}f_{X,Y}(x,y)\,dx\)
    (b) \(\displaystyle\int_{-\infty}^{\infty}f_{X}(x)\,dx\)(ii) \(\displaystyle\int_{-\infty}^{a}f_{X}(x)\,dx\)
    (c) \(F_{X}(a)\)(iii) \(\displaystyle\int_{-\infty}^{\infty}f_{X,Y}(x,y)\,dy\)
    (d) \(f_{Y}(y)\)(iv) 1

    Codes :

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