Random

Random is a characteristic that presents everything that depends on chance. In other words, something random is something that is not certain, but rather has a probability that it is.

The adjective random can be used in different contexts. We can say, for example, that one of the students in the class will be randomly chosen to go out to solve a math exercise on the blackboard. This means that, among all the students, one of them will be chosen without taking into account any criteria.

Similarly, in statistics, random sampling can be done. This means that each of the elements to be analyzed that make up the universe have the same possibility of being chosen as part of the sample.

That which is random can also be defined as unpredictable. That is, it is influenced, or motivated, by luck and its result cannot be assured.

Random events are studied using probability theory. This is a discipline that defines a series of rules to determine the occurrence of certain phenomena or processes. For example, if we have a roulette wheel divided into 8 parts, the probability that when spinning it, the arrow will stop at one of the squares is 1/8.

It should also be noted that this concept is closely related, as we said, with chance. This concept refers to all those events whose causes do not follow defined guidelines, and in some cases the causes cannot be demonstrated.

Random experiments

We must remember that a random experiment is one that consists of repeating a random phenomenon in order to determine a pattern of behavior.

An example of a random experiment could be throwing a dart multiple times. This, in order to observe how close it was, or how many times the target was hit.

Random contract

A random contract, within the framework of law, is one where the consideration is not set from the price, but is set based on a future event.

For example, let's imagine life insurance. This will be activated in the event that the contractor dies, and provided that all the conditions established in the previous agreement are met. Among these, as if the death was not the product of a suicide.