Examlex
A die is cast repeatedly until a 4 falls uppermost. Let the random variable X denote the number of times the die is cast. What are the values that X may assume?
Mean
The arithmetic average of a set of numbers, calculated by adding them all together and dividing by the number of numbers.
Variance
A statistical measure of the dispersion of data points in a dataset, quantifying how far each data point lies from the mean.
Sum of Squared Deviations
The total of the squared differences between each observation and the mean of a dataset.
Standard Deviation
An indicator used to assess the degree to which data points diverge or scatter around the average value.
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