Name: Expected Value
Uploaded: 2026-09-28T07:24:23+00:00
Duration: 9 min 16 s
Description: Definition: an Expected Value Is the Weighted Average of a Random Variable. Also Called the Mean. Expected Value Notationwe Represent the the Expected Value of...

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 μ_x

Author

Chloe Bennett

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