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Indicator Random Variable
For an event A, define:
$$I_A=\begin{cases}1,&A\text{ occurs}\\0,&A^c\text{ occurs}\end{cases}$$
Usage
- Used to convert event probabilities into expectations.
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Indicator Random Variable
For an event A, define:
$$I_A=\begin{cases}1,&A\text{ occurs}\\0,&A^c\text{ occurs}\end{cases}$$
Usage
- Used to convert event probabilities into expectations.
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