The Expected Value of a Random Variable Is Also Called

question 93

True/False

The expected value of a random variable is also called its mean.

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Definitions:

Values

Numerical quantities assigned to variables or outcomes in mathematical expressions, calculations, or measurements.

Simplified Expression

An algebraic expression that has been reduced to its simplest form, making it easier to interpret or solve.

Algebraic Expression

A sequence in math that features common numerals, symbols like x or y, and mathematical actions including plus, minus, times, and divided by.

Simplified Expression

An expression that has been reduced to its simplest form, combining like terms and applying mathematical operations where possible.