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No, just like the average (mean) it is a mathematical quantity that is determined by its mathematical definition and the everyday meaning of “expected” is only a descriptive hint toward what it represents.

What does the expected value of a random variable mean?

  • E[X] stands for the expected value of a random variable.
  • The expected value of a random variable is also known as its mean, in which case we use the notation X.
  • It can be thought of as the "average" value obtained by the random variable.

Is the expected value always equal to the mean?

  • The primary distinction between "mean" and "expected value" is that the former is typically used to describe a frequency distribution and the latter, a probability distribution.
  • In frequency distribution, variables and their occurrence frequencies make up the sample space.

Learn more about expected value of a random variable brainly.com/question/22435257

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