This is the Heading
here
- What
is your name
- For
a Continuous Random Variable, probabilities of an interval of values are
represented by areas (that are sectioned off by vertical slices).
- For
a Continuous Random Variable the probability that X=(any specific value) = 0.
For a continuous variable there are an infinite number of possible
values the variable can have. Even
if you think of each one as equally likely (as in a Uniform Distribution),
the probability of any one particular value is 1/(infinity) which is 0.
- "expected
value" is a term that means the mean (average)
- the
mean (“expected value”) is the "balance point" of the area