Final answer:
The random variable X represents the number of heads in three coin tosses, and its probability distribution is given by P(X=0) = 1/8, P(X=1) = 3/8, P(X=2) = 3/8, P(X=3) = 1/8.
Step-by-step explanation:
a. The random variable X represents the number of heads that will come out when tossing a fair coin three times.
b. X can take on the values 0, 1, 2, or 3, since there can be 0, 1, 2, or 3 heads when tossing a coin three times.
c. The probability distribution of X is as follows: P(X=0) = 1/8, P(X=1) = 3/8, P(X=2) = 3/8, P(X=3) = 1/8.