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Expected value

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.09 sec.
Expected value
The weighted average of a probability distribution. Also known as the mean value.


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For example, say you were attempting to derive an expected value for sales/revenue for the following company:
A helping hand: using software to improve analytical procedures in ... by Hamilton, Brian / California CPA
Therefore, in concert with Assumption I, it is generally assumed that the common expected value is equal to Y, i.
Statistical interpretation of key comparison reference value and ... by Parr, A.C. / Journal of Research of the National Institute of Standards and Technology
In 1997, it was 39 cents below the expected value, and by the 2001 crop year, the average price of $4.
Soybeans are more vulnerable by Top Producer
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