Mathematical Expectation

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August 31, 2024 4 min read Definitions
Expectation (Mean): The Long-Run Average
Mathematics Statistics Expectation Mean Probability Statistics Mathematical Expectation
An in-depth look into the concept of expectation, or mean, which represents the long-run average value of repetitions of a given experiment.
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August 31, 2024 4 min read Definitions
Expected Value: Fundamental Concept in Probability and Statistics
Mathematics Statistics Probability Statistics Mathematical Expectation Random Variable Expectation
The expected value, or expectation, of a function in probability theory is a measure of the center of a probability distribution.
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