Dictionary
Thesaurus
Encyclopedia
Translator
Web
Related Searches
Nearby Words

expected value

 - 3 dictionary results
Expecting Value
Expecting Value Online. Shop Target.com.
www.Target.com
Expecting Value
Expecting Value Online. Shop Target.com.
www.Target.com

mathematical expectation

 
–noun
1. Mathematics. the product of the probability of the occurrence of an event and the value associated with the occurrence of a given event.
2. Statistics. the summation or integration, over all values of a variate, of the product of the variate and its probability or its probability density.
Also called expectation, expected value.

Origin:
1830–40
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To expected value
ex·pect·ed value   (ĭk-spěk'tĭd)
n.  

  1. The sum of all possible values for a random variable, each value multiplied by its probability of occurrence.

  2. The integral of the probability density function and a continuous random variable over its range of values.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Search another word or see expected value on Thesaurus | Reference
FacebookTwitterFollow us:
Partner Sites:
Ask AnswersEviteExpediaHotelsHotwireLife123LiveDailyMy Way