- Probability of an Event
The long-run proportion of times that the event will occur if the underlying random process is repeated many, many times.
- Random Variable
A number whose value depends on the outcome of a chance process.
- Expected Value of a Random Variable
The long-run average of the values of a random variable, where the underlying chance process is repeated many, many times.
- Continuous Random Variable
A random variable that can assume any value in a range of real numbers.
- Distribution of a Random Variable
A statement of the probabilities for a random variable to assume its various possible values.
- Encapsulation and Generalization
A method for developing a computer program according to which the programmer first designs a basic procedure, then encapsulates it in one or more functions, and then progressively generalizes these functions until the program possesses all desired features.