# Definition of expected value

Word Frequency

## expected value

### Definitions

noun

statistics the sum or integral of all possible values of a random variable, or any given function of it, multiplied by the respective probabilities of the values of the variable. Symbol: E(X). E(X) is the mean of the distribution; E(X–c) = E(X)–c where c is a constant. Also called: mathematical expectation

Collins English Dictionary. Copyright © Harper Collins Publishers

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## Nearby words of 'expected value'

- expected
- expected frequency
- expected utility
- expected value
- expectedly
- expectedness
- expecter

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