Which of the following best describes a function that assigns a numerical value to each simple event in a sample space?
A)An expected value.
B)The mean.
C)A random variable.
D)The standard deviation.

Question

Quizplus · Accepted Answer

A function that assigns a numerical value to each simple event in a sample space is called a random variable. The other options are not applicable in this context. The expected value is the sum of the product of each possible outcome and its probability, the mean is the same as the expected value, and the standard deviation measures the spread of a distribution.

Which of the Following Best Describes a Function That Assigns