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The Expected Value of a Discrete Random Variable E(X) Is

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The expected value of a discrete random variable E(X) is the sum of all X values weighted by their respective probabilities.


Definitions:

Analysis of Variance

A statistical method used to compare the means of three or more samples to see if at least one is significantly different from the others.

Path Analysis

A statistical technique used in social science to study the direct and indirect relationships between variables in a model.

Dependent Variable

In an experiment or study, the variable being tested and measured, expected to change as a result of variations in the independent variable.

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