Definition of Expected Value in English :

Define Expected Value in English

Expected Value meaning in English

Meaning of Expected Value in English

Pronunciation of Expected Value in English

Expected Value pronunciation in English

Pronounce Expected Value in English

Expected Value

see synonyms of expected value

Noun

1. arithmetic mean, expectation, expected value, first moment

the sum of the values of a random variable divided by the number of values

WordNet Lexical Database for English. Princeton University. 2010.


Expected Value

see synonyms of expected value
noun
statistics
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
. Also called: mathematical expectation

Collins English Dictionary. Copyright © HarperCollins Publishers


Expected Value

see synonyms of expected value
n.
1. A quantity expressing a typical or average value of a random variable.
2. The sum (for discrete variables) or integral (for continuous variables) of the product of a random variable with its probability density function, over its range of values.

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