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What formula is used to determine the expected value for a variable?

What formula is used to determine the expected value for a variable?
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4 votes
What formula is used to
determine the expected value for a variable?

User Alexrogers
by
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1 Answer

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The basic expected value formula is the probability of an event multiplied by the amount of times the event happens: (P(x) * n).
User Edouard Thiel
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