The Expected Value of a Probability Distribution Is Calculated By

question 49

Multiple Choice

The Expected Value of a probability distribution is calculated by:

• A) adding up all expected losses
• B) adding up all expected losses and dividing the result by the number of observations
• C) multiplying the expected losses with their probability and dividing the result by the number of observations
• D) multiplying the expected losses with their probability and calculating the sum of all outcomes

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Definitions:

Psychodynamic

Pertains to a psychological perspective that emphasizes the influence of the unconscious mind on behavior, drawing heavily on psychoanalytic theories.

Humanistic-existential

A psychological approach focusing on individual experience, personal freedom, and choice, emphasizing the search for meaning and self-actualization.

Cognitive

Relating to mental processes such as awareness, perception, reasoning, and judgement.

Behavioral

Pertaining to behaviors, a term often used to describe actions or reactions of individuals in response to external or internal stimuli.