Expected value: Difference between revisions
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imported>Doug Williamson (Expand for Expected rate of return.) |
imported>Doug Williamson (Correct spelling.) |
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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. | ||
For example, | For example, an Expected rate of return. | ||
Revision as of 11:26, 21 March 2018
Statistics.
In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result.
For example, an Expected rate of return.
