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1. www.omnicalculator.com › statistics › expected-valueExpected Value Calculator

   www.omnicalculator.com › statistics › expected-value

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   7 lut 2024 · Unlock the power of statistics with our expected value formula calculator. Learn how to calculate the expected value swiftly. Try it today!

2. goodcalculators.com › expected-value-calculatorExpected Value Calculator - Good Calculators

   goodcalculators.com › expected-value-calculator

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   This expected value calculator helps you to quickly and easily calculate the expected value (or mean) of a discrete random variable X. Enter all known values of X and P(X) into the form below and click the "Calculate" button to calculate the expected value of X. Click on the "Reset" to clear the results and enter new values.

3. owlcalculator.com › statistics › expected-value-calculatorExpected Value Calculator

   owlcalculator.com › statistics › expected-value-calculator

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   This user-friendly tool simplifies the process of calculating expected values, saving you time and effort. Ideal for students and professionals alike, it's perfect for forecasting outcomes and making informed, data-driven decisions.

4. statisticsbyjim.com › probability › expected-valueExpected Value: Definition, Formula & Finding - Statistics by Jim

   statisticsbyjim.com › probability › expected-value

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   In this post, learn how to find an expected value for different cases and calculate it using formulas for various probability distributions. We’ll work through example calculations for expected values in several contexts.

5. www.khanacademy.org › random-variables-discrete › aExpected value (basic) (article) | Khan Academy

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   In order to determine whether the odds are in your favor using the expected probability formula, you need to compare the expected value (or mean) with the potential outcomes. If the expected value is higher than the current situation or the alternative options, then the odds are generally in your favor.

6. www.calculatored.com › math › probabilityExpected Value Calculator

   www.calculatored.com › math › probability

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   Find the expected value (EV) for the Random variable (X) by using this expected value calculator. It functions to estimate the probable average outcome or value of a random variable based on different possible outcomes. Also, you can get step-by-step calculations for the probability distribution.

7. www.standarddeviationcalculator.io › expected-value-calculatorExpected Value Calculator - Standard Deviation Calculator

   www.standarddeviationcalculator.io › expected-value-calculator

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   The formula for the expected value in statistics is as follows: E (X) = Expected value. ∑ = sum of outcomes. µx = Mean. X = an outcome. P (X) = probability of an outcome. How to Calculate the Expected Value? Below is an example for calculating the expected value. Example.