Question: What does the lower case r represent in this definition of random variable? Also, what is the conventional way to read that entire pink box?So
What does the lower case "r" represent in this definition of random variable? Also, what is the conventional way to read that entire pink box?So far I read it as follows: "random variable 'X' such that (:) the sample space (omega) maps to a real number (R) such that for all (upsideown A) "r" is an element (E) of the real numbers (R), { state of the world (w) is an element (E) of the sample space (omega) such that (:) random variable 'X' is less than or equal to 'r'} (E) S. I know I totally got the that wrong lol

a quantity that has yet to be determined by a random generative process, just as ordinary algebraic variables represent unknown or unspecified quantities. However, the technical definition of a random variable is less intuitive and requires some careful discussion. Formally, a random variable is a real-valued function of the outcome of a random generative process. Definition 1.2.1. Random Variable A random variable is a function X : 0 - R such that, Vr ER, (W En : X ( W)
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