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If an assembler on average makes one error for every 125 products assembled approximately how many errors can he be expected to make after assembling 875 products?
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The expected value of perfect information is equal to what?
Minimum Expected Regret ( EVPI = Expected Regret of the best solution)
Is the expected value the same as the standard deviation?
No. The expected value is the mean!
What is the meaning of expected value in a probability distribution?
The expected value is the average of a probability distribution. It is the value that can be expected to occur on the average, in the long run.
What is an example of a problem whose expected value is equal to 5000?
The expected value of the number of Heads in 1 toss of a fair coin is 0.5. So the expected number of Heads in 10000 tosses of a fair coin is ... 5000!
Can expected value be negative?
yes
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According to the United Nations World Urbanization Prospects Guayaquil is Ecuador's most populous city with a current population of approximately 2.69 million inhabitants. This is expected to rise by 2025 to a population of 3.32 million inhabitants. Ecuador's second largest city and capital, Quito, has a current population of approximately 1.8 million inhabitants. This too is expected to rise to 2.3 million by the year 2025.
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The 6.2-liter V8 engine for the 2011 Ford Super Duty is expected to have an EPA city rating of approximately 16 mpg and a highway rating of approximately 21 mpg.
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The Sun has been living for approximately 4.57 billion years , and is expected to last for roughly 5 billion more, as it's lifespan is about 10 billion years. :D
What is the population trend in Latin America?
Up. Nowadays, the region has a population of approximately 600 million (2014 est.) and is expected to reach 800 million and 900 million by 2050 and 2150, respectively.
