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Q: What does theoretical expected value mean?
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Is the expected value the same as the standard deviation?

No. The expected value is the mean!


Difference between mean and expected value?

For a population the mean and the expected value are just two names for the same thing. For a sample the mean is the same as the average and no expected value exists.


How much error is expected between the sample mean and population mean?

0. The expected value of the sample mean is the population mean, so the expected value of the difference is 0.


What does fair mean in mathematics?

Fair means unbiased. That is to say, the expected outcome of a set of trials is the same as what would be expected on theoretical grounds.


How do you compute a percent error?

% error = |experimental value - theoretical value|/theoretical value * 100% It is the absolute value of the differe nce betwee n the experime ntal a nd theoretical values divided by the theoretical value multiplied by 100%.


How to get expected frequency value in chi square test?

For goodness of fit test using Chisquare test, Expected frequency = Total number of observations * theoretical probability specified or Expected frequency = Total number of observations / Number of categories if theoretical frequencies are not given. For contingency tables (test for independence) Expected frequency = (Row total * Column total) / Grand total for each cell


How do you show percent error?

Percent error = (actual value - theoretical value) / theoretical value * 100%


What does it mean to find the expected value of a chance activity with numerical outcomes?

I think it means to find the theoretical probability of something random that has results that are numbers. For instance, rolling a die and trying to get a 6 is a "chance activity with numerical outcomes".


Formula for percent error?

Percent Error = {Absolute value (Experimental value - Theoretical Value) / Theoretical Value }*100


What is it meant by the expected value is observable?

The expected value is the arithmetic mean. It may not always be a value that is realised. Consider rolling a fair normal die. The mean or expected value of the outcome is 3.5 but a normal die will never ever turn up 3.5 since it has only integer values.


What is the mean of a normal distribution?

It is the expected value of the distribution. It also happens to be the mode and median.It is the expected value of the distribution. It also happens to be the mode and median.It is the expected value of the distribution. It also happens to be the mode and median.It is the expected value of the distribution. It also happens to be the mode and median.


The mean or expected value of the distribution of a discrete random variable is?

30.47