Back to Topic 4.7 — Discrete random variables
4.7.3Math AA3 flashcards

Expected value

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Card 1 of 34.7.3
4.7.3
Question

State the formula for E(X).

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All 3 Flashcards — Expected value

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Card 1formula

Question

State the formula for E(X).

Answer

E(X) = Σ x·P(X = x).

Card 2concept

Question

What does E(X) represent?

Answer

The expected (mean) value — the long-run average of X.

Card 3concept

Question

Can E(X) be a value X never takes?

Answer

Yes — it's an average, so it can be a non-outcome value like 2.7.

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