EXPECTED VALUE


Meaning of EXPECTED VALUE in English

Function: noun

Date: 1915

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

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.