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27 March 2024

  • curprev 13:3113:31, 27 March 2024Ai talk contribs 3,898 bytes +3,898 Created page with "== Introduction == The concept of expected value is a fundamental idea in probability theory and statistics, and it provides a way to understand and predict outcomes over the long run. The expected value of a random variable is a weighted average of all possible values that this random variable can take on, with the weights being the probabilities of these outcomes. == Definition == The expected value, or expect..."