Question 1 – Chapter 6 Give an example of a real life event that would occur as a discrete random variable. Discuss why would it be valuable to estimate the probability of such an event occurring.

Discrete Random Variable

A random variable is typically considered as a variable whose number is unknown or a function that strategically assigns values to every experiment results and is in several occasions designated through letters and grouped as discrete that are variables with specific details. The rules of probability are critical in the medical sciences more so in coming up with successful tests for various ailments and in testing for the occurrence of drugs and other substances. In testing the effects of drugs, it is advisable that researchers keenly incorporate the rule of probability and statistic. There are related issues of reliance upon a particular drug with the aim of curing some ailment that later proves to be entirely ineffectual through careful probability centered evaluation (Petrov, 2012). A majority of the work of public health professionals is typically accompanied by a solid intelligence of prospect to prove cause-and-effect relationships. It would be valuable to estimate the probability of such an event due to the importance associated with the randomness and the likelihood of any action happening in such a scenario.

Reference

Petrov, V. V. (2012). Sums of independent random variables(Vol. 82). Springer Science & Business Media.