If X is a random variable, the E (t^x) is known as:
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The expected value is also known as the expectation, mathematical expectation, mean, average, or first moment.
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- The expected value (EV) is sometimes known as the mean or the first moment.
- Single discrete variables, single continuous variables, multiple discrete variables, and multiple continuous variables can all be used to calculate EV.
- Integrals must be employed in situations with continuous variables.
Thus, it is known as Expected value.
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