Expected value: Difference between revisions
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''Statistics.'' | ''Statistics.'' | ||
# The arithmetic mean value of any population. | |||
# In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result. | |||
== See also == | == See also == | ||
* [[Arithmetic mean]] | * [[Arithmetic mean]] | ||
* [[Coefficient of variation]] | * [[Coefficient of variation]] | ||
Revision as of 21:21, 13 August 2013
Statistics.
- The arithmetic mean value of any population.
- In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result.
