What characteristic of a random variable is described by the expected value?
A) Standard deviation
B) Mean
C) Most likely value
D) Maximum value

Name: What characteristic of a random variable is described by the expected value? A) Standard deviation B) Mean C) Most likely value D) Maximum value
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

The expected value of a random variable is described by its mean, which represents the long-term average outcome of a random variable after many repetitions of the experiment.

What Characteristic of a Random Variable Is Described by the Expected