Question

Which of the following statements about the expected value of a random experiment is true? A. The expected value is the value you will get after one trial. B. The expected value is the average of the values after 100 trials. C. As the number of trials gets larger, the average of the trials approaches the expected value. D. The expected value never actually equals the average of the trials. Please select the best answer from the choices provided A B C D

Answer 1

Answer: C. As the number of trials gets larger, the average of the trials approaches the expected value

Explanation:

The expected value is the weighted average of the results of an experiment. As more trials go on, the actual average is more likely to get closer to the expected value. The expected value can be explained as the theoretical result after infinity trials, so as the number of trials approaches infinity, the result will approach the expected value.