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A random variable is a variable whose value is unknown or a function that assigns values to each of an experiment's outcomes. Random variables are often used in econometric or regression analysis to determine statistical relationships among one another.A random variable is a variable whose value is unknown or a function that assigns values to each of an experiment's outcomes. Random variables are often used in econometric or regression analysis to determine statistical relationships among one another.

<html><head></head><body><p>A random variable is a variable whose value is unknown or a function that assigns values to each of an experiment's outcomes. Random variables are often used in econometric or regression analysis to determine statistical relationships among one another.A random variable is a variable whose value is unknown or a function that assigns values to each of an experiment's outcomes. Random variables are often used in econometric or regression analysis to determine statistical relationships among one another.</p>
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