Define expected value. expected value synonyms, expected value pronunciation, expected value translation, English dictionary definition of expected value. n. 1. A quantity expressing a typical or average value of a random variable. 2. The sum or integral
The meaning of EXPECTED VALUE is the sum of the values of a random variable with each value multiplied by its probability of occurrence.
Related to expected:expected value ex·pect (ĭk-spĕkt′) v.ex·pect·ed,ex·pect·ing,ex·pects v.tr. 1. a.To look forward to the probable occurrence or appearance of:expecting a phone call; expects rain on Sunday. b.To consider likely or certain:expect to see them soon.See ...
Trump Media’s expected value of $5 billion at the IPO swore at common sense, or at any traditional standard of securities valuation. FromLos Angeles Times "But quantum physics says that there are always certain fluctuations. The fluctuations, i.e. the deviations from the expected value, are...
The meaning of VALUE is the monetary worth of something : market price. How to use value in a sentence. Synonym Discussion of Value.
Expected value refers to the anticipated value of anassetin the future. The EV of a random variable gives a measure of the center of the distribution of the variable. The EV is essentially the long-term average value of the variable. ...
Theprobability(P) of getting a question right if you guess: .25 The number of questions on the test (n)*: 20 P x n = .25 x 20 = 5 *You might see this as X instead. This type of expected value is called anexpected value for a binomialrandom variable.It’s abinomial experiment...
A binomial distribution's expected value, or mean, is calculated by multiplying the number of trials (n) by the probability of successes (p), or n × p. For example, the expected value of the number of heads in 100 trials of heads or tails is 50, or (100 × 0.5). Another common...
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The meaning of DOUBLE is having a twofold relation or character : dual. How to use double in a sentence.