1. Definition
For a discrete random variable, E(X)=Σxᵢpᵢ, the probability-weighted average.
3. Properties & Laws
- Weighted mean;
- Linear E(aX+b)=aE(X)+b;
- Probabilities sum to 1;
- Long-run average.
4. Steps
- Enter values and probabilities;
- Click "Expectation";
- Or click "Load Example".
5. Worked Examples
Example: 1·0.2+2·0.3+3·0.5: E=2.3.
6. Common Pitfalls
Weighted, not simple average;
Probabilities sum to 1;
Include all values.