expected value

English dictionary entry

Meanings

noun
  1. The weighted average of outcome values, using probability as the weighting function.

Pronunciation

ĭk-spĕkt′ĭd văl′yo͞o /ɪkˈspɛkt.ɪd ˈval.juː/ /ɪkˈspɛkt.ɪd ˈvæl.juː/ /ɪkˈspɛkt.ɪd ˈvæl.ju/ /ɪkˈspekt.ɪd ˈvæl.jʉː/ /əkˈspekt.əd ˈvɛl.jʉː/ /ɪkˈspɛkt.ɪd ˈval.jʉ/ /ɪkˈspɛkʈ.ɪɖ ˈval.juː/

Word forms

expected value expected values

Synonyms

expectation expectancy expectation operator mathematical expectation mean expectation value first moment

Related words

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