Expected Value
Expected Value

Expected Value Definition:

An Expected Value is the weighted average of a random variable. Also called the mean.

Expected Value Notation

We represent the the expected value of a random variable X as E(X) or μx
Chloe Bennett

Chloe Bennett

Culture, Media & Entertainment Columnist

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.

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