Expected Value Represents the Average of All Outcomes If One

question 99

True/False

Expected value represents the average of all outcomes if one were to undertake the risky event many times over and over again.

---

Definitions:

Federal Government

The national government of a federal country, where powers and responsibilities are divided between the central government and state or provincial governments.

Human Rights

The fundamental rights and freedoms that every person is entitled to, such as the right to life, liberty, and personal security.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all great powers, organized into two opposing military alliances: the Allies and the Axis.

Eric Foner

A prominent American historian, recognized for his scholarly contributions to the understanding of American history, particularly the Civil War and Reconstruction periods.