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Random Variables, Distributions, and Expected Value

Random Variables, Distributions, and Expected Value

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Expectations of Random Variables 1. The expected value of a random variable is denoted by E[X]. The expected value can bethought of as the“average” value attained by therandomvariable; in fact, the expected value of a random variable is also called its mean, in which case we use the notationµ X.(µ istheGreeklettermu.) 2.

  Distribution, Value, Expected, Variable, Random, Random variables, And expected value

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