# expected value

*expected value*on Thesaurus.com

Statistics, Mathematics. mathematical expectation.

## Origin of expected value

^{1}

## Words Nearby expected value

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

## How to use expected value in a sentence

In some sense, then, the

*expected value*of your insurance premium is negative.Health and Human Services Secretary Doesn't Understand What Insurance Is | Megan McArdle | March 27, 2013 | THE DAILY BEASTWhile the number of lawsuits might fall, the

*expected value*of lawsuits would rise dramatically.This can decrease the

*expected value*of crime, without wasting an entire human life behind bars.

## British Dictionary definitions for expected value

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

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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