Vocab Bloom Hub

expected value

/ɪkˈspektɪd ˈvæljuː/

1 entry

phrase

C1formalcommontechnical/ɪkˈspektɪd ˈvæljuː/

A statistical term referring to the average or mean value of a random variable, calculated as the sum of all possible values each multiplied by their probability of occurrence.

  • 🇷🇺Статистический термин, обозначающий среднее значение случайной величины, вычисляемое как сумма всех возможных значений, каждое из которых умножено на вероятность его наступления.
  1. Mathematical expectation C1 formal

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

    • The expected value of a fair six-sided die roll is 3.5.
    • In gambling, the expected value is often negative for the player.
    • The expected value of the investment was calculated to be $500.

    🇷🇺Математическое ожидание