Expected value: Difference between revisions
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''Statistics''. | |||
In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result. | In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result. | ||
Revision as of 14:00, 15 March 2018
Statistics.
In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result.
