expected value
nounUK /ɪkˈspɛkt.ɪd ˈval.juː/ · CA, US /ɪkˈspɛkt.ɪd ˈvæl.ju/
1
Mathematics, Probability theory, Sciences The weighted average of outcome values, using probability as the weighting function.
- Related terms
- moment
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.