1,036,237,653 visitors served.

Dictionary/
thesaurus

Idioms

Wikipedia
encyclopedia

expected value

Also found in: Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson

0.03 sec.

ex·pect·ed value (

k-sp

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.

ThesaurusLegend: Synonyms Related Words Antonyms

Noun

expected value - the sum of the values of a random variable divided by the number of values

arithmetic mean, first moment, expectation

statistics - a branch of applied mathematics concerned with the collection and interpretation of quantitative data and the use of probability theory to estimate population parameters

mean, mean value - an average of n numbers computed by adding some function of the numbers and dividing by some function of n

?Page tools

Printer friendly

Cite / link

Feedback

Add definition

Your Ad Here

Mentioned in

References in periodicals archive

chi-square
first moment

mean value
second moment

For example, say you were attempting to derive an expected value for sales/revenue for the following company:

A helping hand: using software to improve analytical procedures in ... by Hamilton, Brian / California CPA

Therefore, in concert with Assumption I, it is generally assumed that the common expected value is equal to Y, i.

Statistical interpretation of key comparison reference value and ... by Parr, A.C. / Journal of Research of the National Institute of Standards and Technology

In 1997, it was 39 cents below the expected value, and by the 2001 crop year, the average price of $4.

Soybeans are more vulnerable by Top Producer

More results

Dictionary/thesaurus browser

Full browser

expectant mother
expectantly
expectation
Expectation of life
expectative
Expectative grace
expected

expected value
Expectedly
expectedness
Expecter
expecting
Expectingly
Expective
expectorant

Expected return

Expected return on investment

Expected Return to Service

Expected return-beta relationship

Expected Schoolwide Learning Results

Expected Service Life

Expected shortfall

Expected Shortfall (risk metric)

Expected Spot Rate

Expected Start Timeout (Bellcore)

Expected Synchronization Delay

Expected Tail Loss (aka expected shortfall)

Expected Test Time

Expected Throughput

Expected Time of Arrival

Expected Time of Departure

Expected Time to Kill

Expected Transient Reward Rate

Expected Transmission Time

Expected Unserved Energy

Expected utility

Expected utility hypothesis

Expected Utility Theory

expected value

Expected value of perfect information

Expected Value of Perfect Information (operations management)

Expected value of sample information

Expected Value Score

Expected values

Expected Warranty Cost

Expected Week of Childbirth

Free Tools:	For surfers: Browser extension \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup \| Partner with us

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.. Terms of Use.