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expected value

noun

Definition of expected value

  1. 1 :  the sum of the values of a random variable with each value multiplied by its probability of occurrence

  2. 2 :  the integral of the product of a probability density function of a continuous random variable and the random variable itself when taken over all possible values of the variable



1915

First Known Use of expected value

1915


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WORD OF THE DAY

different from the usual or normal

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