Random Series:
A random series describes an experiment with outcomes being functions of an integer argument: U1, U2, … (or, simply, sequences of random values – 1st value, 2nd value, etc).
Random series are often referred to as “time series” and, sometimes, as random processes with discrete time. Markov chain is an example of an important class of random series.
See also Random Process, Random Field.
Planning on taking an introductory statistics course, but not sure if you need to start at the beginning? Review the course description for each of our introductory statistics courses and estimate which best matches your level, then take the self test for that course. If you get all or almost all the questions correct, move on and take the next test.
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