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Expected value formula

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expected value formula

Expected Value for a Discrete Random Variable. E(X)=\sum x_i p_i. x_i= value of the i th outcome p_i = probability of the i th outcome. According to this formula. Simple explanations for the most common types of expected value formula. Includes video. Hundreds of statistics articles and vidoes. Free help. Calculating the Expected Value of an Calculating EV is a very useful tool in.

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