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  • 4.5: Mean or Expected Value and Standard Deviation
    https://math.libretexts.org/Courses/Heartland_Community_College/HCC%3A_Introduction_to_Statistics_(Lathrop)/04%3A_Probability/4.5%3A_Mean_or_Expected_Value_and_Standard_Deviation
    The expected value is often referred to as the "long-term" average or mean. This means that over the long term of doing an experiment over and over, you would expect this average. This “long-term aver...The expected value is often referred to as the "long-term" average or mean. This means that over the long term of doing an experiment over and over, you would expect this average. This “long-term average” is known as the mean or expected value of the experiment and is denoted by the Greek letter μμ . In other words, after conducting many trials of an experiment, you would expect this average value.
  • 4.5: Mean or Expected Value and Standard Deviation
    https://math.libretexts.org/Under_Construction/Purgatory/Remixer_University/Username%3A_Matthew.Lathrop@heartland.edu/Introduction_to_Statistics_(Lathrop)_OFFICIAL/04%3A_Probability/4.5%3A_Mean_or_Expected_Value_and_Standard_Deviation
    The expected value is often referred to as the "long-term" average or mean. This means that over the long term of doing an experiment over and over, you would expect this average. This “long-term aver...The expected value is often referred to as the "long-term" average or mean. This means that over the long term of doing an experiment over and over, you would expect this average. This “long-term average” is known as the mean or expected value of the experiment and is denoted by the Greek letter μμ . In other words, after conducting many trials of an experiment, you would expect this average value.

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