# expected value

### noun

Statistics, Mathematics. mathematical expectation.

## Words nearby expected value

expectation sunday, expectation week, expectative, expected frequency, expected utility, expected value, expecting, expectorant, expectorate, expectoration, expediate

## Origin of expected value

First recorded in 1945–50

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Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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## British Dictionary definitions for expected value

expected value

### noun

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 constantAlso called: mathematical expectation

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