The average value for a probability distribution is referred to as the _________

Question

The average value for a probability distribution is referred to as the _______________. It represents the long-run, typical value for the random variable. If it were possible to run the trials indefinitely, the [_________________] would be the mean for the infinite set of outcomes for the random variable that would result from those trials.

Multiple Choice

random discrete variable distribution

None of these

expected value of the probability distribution

expected value of the variable distribution

Explanation / Answer

The average value of a probability distribution is referred to as

the expected value of the probability distribution. It represents

the long-run, typical value of the random variable. If it were

possible to run the trials independently, the expected value

would be the mean for the finite set of outcomes for the

random variable that would result from those trials. (Ans).

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