Expected Value

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  • Thumbnail for Expected value
    the expected value sometimes may not even be included in the sample data set; it is not the value you would "expect" to get in reality. The expected value...
  • Look up expected in Wiktionary, the free dictionary. Expected may refer to: Expectation (epistemic) Expected value Expected shortfall Expected utility...
  • Expected value is a term used in probability theory and statistics. It may also refer to: Expectation value (quantum mechanics), the probabilistic expected...
  • The expected value of perfect information analysis tries to measure the expected cost of that uncertainty, which “can be interpreted as the expected value...
  • Thumbnail for Geometric distribution
    distribution with expected value rk/k. Then ∑ k = 1 ∞ k X k {\displaystyle \sum _{k=1}^{\infty }k\,X_{k}} has a geometric distribution taking values in the set...
  • social behaviour. The expected utility hypothesis states an agent chooses between risky prospects by comparing expected utility values (i.e. the weighted...
  • "expected shortfall at q% level" is the expected return on the portfolio in the worst q % {\displaystyle q\%} of cases. ES is an alternative to value at...
  • conditional expectation, conditional expected value, or conditional mean of a random variable is its expected value evaluated with respect to the conditional...
  • Expected commercial value (ECV), also known as estimated commercial value, is a prospect-weighted value for a "project" with unclear conclusions; it is...
  • quantitative policy analysis, the expected value of including uncertainty (EVIU) is the expected difference in the value of a decision based on a probabilistic...
  • Thumbnail for Law of large numbers
    small number of observations will coincide with the expected value or that a streak of one value will immediately be "balanced" by the others (see the...
  • Thumbnail for Q–Q plot
    quantile of the expected value of the order statistic of a standard normal distribution. More generally, Shapiro–Wilk test uses the expected values of the order...
  • Thumbnail for St. Petersburg paradox
    sum grows without bound so the expected win is an infinite amount of money. Considering nothing but the expected value of the net change in one's monetary...
  • In quantum mechanics, the expectation value is the probabilistic expected value of the result (measurement) of an experiment. It can be thought of as...
  • Thumbnail for Risk aversion
    individuals seek to maximise their expected utility rather than the expected monetary value of assets. In defining expected utility in this sense, the pair...
  • known expected value of perfect information (EVPI) and expected value of sample information (EVSI). Note that VoI is not necessarily equal to "value of decision...
  • e., the expected value of the conditional expected value of X {\displaystyle X} given Y {\displaystyle Y} is the same as the expected value of X {\displaystyle...
  • In decision theory, the expected value of sample information (EVSI) is the expected increase in utility that a decision-maker could obtain from gaining...
  • Thumbnail for Kelly criterion
    the expected value of the logarithm of wealth, which is equivalent to maximizing the expected geometric growth rate. Assuming that the expected returns...
  • Thumbnail for Binomial distribution
    then the expected value of X is: E ⁡ [ X ] = n p . {\displaystyle \operatorname {E} [X]=np.} This follows from the linearity of the expected value along...
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