MTH 245. DISCUSS your understanding of Random Variable. Give real life examples.

What are the two requirements for a discrete Probability distribution?

Provide an interpretation of the mean (or expected value) of a discrete random variable. Give an example in real life how this concept is used.

(4) What are the criteria for an experiment to be a binomial experiment.

(5) Write down the steps and TI84 calculator or StatCrunch binomial commands you would use tofind the probability of each of these cases

(a) P (X is exactly)(b) P (X is less than)(c) P (X is more than)(d) P (X is greater than or equal to)