# Meaning of *expected value* in English:

## expected value^{}

### noun

MathematicsA predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.

*‘The fact that the problem is stochastic means that the airline needs to work with expected values and probability distributions, which makes the optimisation harder to solve.’**‘Now, it is well known in probability theory that the expected value of a uniformly distributed variable on a finite interval is the center of that interval.’**‘The premium will represent the expected value of these losses plus a small profit.’**‘The prediction isn't nearly as accurate, as seen in the plot of differences between the real and expected values.’**‘Each measurement series was then standardized by dividing the observed ring width values by the expected values, given the exponential or linear function.’*

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