## Fair coin expected value Expected value is simply a fancy way of saying the mean or arithmetic average. Explanation: expected value = mean = arithmetic average. The long-term average number of heads is called the expected value of the random variable, the number of heads in 3 tosses of a fair coin. This expected value.

Most elementary courses do not cover the geometric, hypergeometric, and Poisson. fair coin expected value Your instructor will let you know if he or she wishes to cover these distributions. A fair coin expected value distribution function is a pattern.

You try to fit a probability problem into a pattern or distribution in order to perform the necessary calculations. These distributions are tools to make solving probability problems easier. Each distribution has its own special characteristics. Learning the characteristics enables you to distinguish among the different distributions. Summary The fair coin expected value value, or mean, of a discrete random variable predicts the fair coin expected value results of fair coin expected value statistical experiment that has been repeated many times. The standard deviation of a see more distribution is used to measure the variability of possible outcomes. Link coin expected value of a Probability Distribution the long-term average of many trials of a statistical fair coin expected value Standard Deviation of a Probability Distribution a number that measures how far the outcomes of a statistical experiment are from the mean of the distribution The Law of Large Numbers As the number of trials fair coin expected value a probability experiment increases, the difference between the link probability of an event and the relative frequency probability approaches zero.

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