expected value

See synonyms for expected value on Thesaurus.com
  1. Statistics, Mathematics. mathematical expectation.

Origin of expected value

First recorded in 1945–50

Words Nearby expected value

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How to use expected value in a sentence

British Dictionary definitions for expected value

expected value

  1. statistics the sum or integral of all possible values of a random variable, or any given function of it, multiplied by the respective probabilities of the values of the variable. Symbol: E (X). E (X) is the mean of the distribution; E (X–c) = E (X)– c where c is a constant: Also called: mathematical expectation

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