statistics

The mean/μ is the same thing as the expected value right?

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asked by emily
  1. From Google:

    The expected value (EV) is an anticipated value for an investment at some point in the future. In statistics and probability analysis, the expected value is calculated by multiplying each of the possible outcomes by the likelihood each outcome will occur and then summing all of those values.

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    posted by PsyDAG

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