Compound Random Experiment

A Compound Random Experiment is a random experiment that is a compound process (composed of two or more random experiments).

• AKA: Complex Stable Repeatable Observable Stochastic Process.
• Context:
  • It has Complex Random Experiment Outcomes.
  • It can range from being a Discrete Compound Random Experiment to being a Continuous Compound Random Experiment.
  • …
• Example(s):
  • a Binomial Stochastic Process.
  • The Sum of a Two Dice Roll Experiment (see: Craps Game).
  • a Compound Lifetime Experiment.
  • …
• Counter-Example(s):
  • an Elementary Random Experiment.
• See: Multinomial Process.

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