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How do you believe that knowing about random variables and probability distribution can help you in your everyday life?​

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The use of random variables is most common in probability and statistics, where they are used to quantify outcomes of random occurrences. Risk analysts use random variables to estimate the probability of an adverse event occurring.

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How important are the concepts of random variables and probability distributions in real life?

The use of random variables is most common in probability and statistics, where they are used to quantify outcomes of random occurrences. Risk analysts use random variables to estimate the probability of an adverse event occurring.

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