A probability distribution, usually displayed graphically, shows the relative likelihood of all possible outcomes occurring within a specific time period.

A random variable is one whose value is unknown or a function that assigns values to each of an experiment’s outcomes. A random variable can be discrete or continuous.

Probability Notes: Check detailed notes on Probability, designed to help class 10 and class 12 students deepen their understanding of the topic and enhance their exam preparation.

Using a decomposition of the characteristic function of the logarithm of the product of independent generalized gamma-ratio random variables (r.v.'s), we obtain explicit expressions for both the ...