Expected Value (noun) Definition, Meaning & Examples

noun
  1. mathematical expectation.
noun
  1. the sum or integral of all possible values of a random variable, or any given function of it, multiplied by the respective probabilities of the values of the variable. Symbol: E (X). E (X) is the mean of the distribution; E (X–c) = E (X)– c where c is a constant
Expected Value (noun) Definition, Meaning & Examples

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