The expected value of a probability distribution is
A)the measure of the spread of the distribution.
B)the variance of the distribution.
C)the average value of the distribution.
D)the probability density function.
E)the range of continuous values from point A to point B,inclusive.

Question

Quizplus · Accepted Answer

The expected value, also known as the mean, represents the average value of a probability distribution. It is calculated by summing the products of each possible outcome and its corresponding probability, and is often used as a measure of central tendency. It is not a measure of spread, variance, probability density function, or range of values.

The Expected Value of a Probability Distribution Is