expected value

noun

1

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

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

Examples of expected value in a Sentence

Recent Examples on the Web

There’s been widespread agreement among academics and practitioners for decades that investors can expect value stocks to outpace growth over time. — Washington Post, 5 Aug. 2019

Word History

First Known Use

1915, in the meaning defined at sense 1

Rhymes for expected value

• eigenvalue
• undervalue