A counting variable is a type of discrete random variable that represents the count of occurrences of an event in a fixed set of trials or within a specified interval. This variable is integral in determining probabilities and outcomes in situations where events can be counted, such as the number of successes in a series of independent trials. The counting variable helps in modeling real-world scenarios using discrete distributions, enabling us to analyze situations like the number of defective items produced or the number of heads in a series of coin flips.