| random |
1.) having an undefined distribution (not clumped and not uniform). 2.) having a likelihood of being selected that is not biased from any other item in the selectable area.
Ãâó: www.nps.gov/plants/restore/library/glossary.htm
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|---|---|
| random variable |
An economic or statistical variable that takes on multiple (or a continuum of) values, each with some probability that is specified by a probability distribution (or probability density function).
Ãâó: www-personal.umich.edu/~alandear/glossary/r.html
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| random |
Lack of predictability, without any systematic pattern.
Ãâó: www.st.com/stonline/press/news/glossary/r.htm
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| random |
Having no predictable pattern. For example, demand data may vary randomly about some forecasted value with no specific pattern and no attendant ability to obtain a more accurate demand estimate than the forecast value.
Ãâó: www.indiainfoline.com/bisc/matr.html
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| random error |
means the deviation of a random variable from its expected value.
Ãâó: www.nrc.gov/reading-rm/doc-collections/cfr/part074...
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