Examlex
Which of the following statements is not correct?
Weighted Average
An average that attributes different weights to elements in the dataset, reflecting their varying levels of importance or frequency.
Expected Value
The long-run average value of repetitions of the experiment it represents, in probability and statistics.
Random Variable
A quantity whose numerical values emerge from unpredictable phenomena.
Discrete Random Variable
A variable that takes on a finite or countably infinite number of values, each with a quantifiable probability.
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