# Expected value of

Anticipated value for a given investment. In statistics and probability analysis, expected value is calculated by multiplying each of the possible outcomes by the. In this video, I show the formula of expected value, and compute the expected value of a game. The final. See how to prove that the expected value of a binomial distribution is the product of the number of trials by the probability of success.

### Expected value of - ist

According to the model, one can conclude that the amount a firm spends to protect information should generally be only a small fraction of the expected loss i. Expected value for a discrete random variable. The only possible values that we can have are 0, 1, 2 and 3. This property is often exploited in a wide variety of applications, including general problems of statistical estimation and machine learning , to estimate probabilistic quantities of interest via Monte Carlo methods , since most quantities of interest can be written in terms of expectation, e. The monotone convergence theorem states that.