Question: Find a random variable in your day-to-day life, call it X(), and do the following: Describe X as either quantitative, qualitative, discrete, continuous, etc. Give

Find a random variable in your day-to-day life, call it X(), and do the following:

Describe X as either quantitative, qualitative, discrete, continuous, etc.

Give the support of X (i.e. its possible range of values)

Speculate on its distribution. Is it normal, geometric, exponential, etc. Give specific reasons and justification for this speculation!

Sample this random variable at least 5 times.

Use this sample to estimate its parameters.

Give the newly parameterized distribution explicitly.

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