Chance Variable (Noun)
Meaning
A variable quantity that is random.
Classification
Nouns denoting cognitive processes and contents.
Examples
- The roll of a die is a classic example of a chance variable in probability theory.
- In the experiment, the height of the participants was considered a chance variable.
- The chance variable in this case is the number of heads obtained when flipping a coin.
- A chance variable can take on different values each time the experiment is repeated.
- The outcome of a coin toss is a simple chance variable with two possible values.