This website uses cookies to ensure you have the best experience. Learn more

Introduction To Study Positive Expected Value

896 words - 4 pages

Introduction to study positive expected value:
In this topic we will discuss about study positive expected value for discrete random variable and some exam questions. Expected value is the fundamental thought in probability, in a sense more general than probability itself. The expected value of a real-valued possibility variable offers a compute of the center of the distribution of the variable. More significantly, by taking the expected value of various functions of a common random variable, we can calculate a lot of interesting features of its distribution, including spread and correlation.
Formula for study positive expected value:

The following formula for study positive expected value which is used to compute expected value for discrete random variable shows given below.
Expected value E(x) = sum (xi. P (xi))
x = discrete random variable
P(x) = probability distribution
Example problems for study positive expected value:
Study positive expected value - Example 1:
1) Evaluate the expected value for the discrete chance variable (1/18). Where x is begin from 0 to 4.
Solution:
Expected value is recognized for the discrete possibility variable by utilize the formula,
E(x) = sum xi P (xi)
E(x) = 0 (1/18) + 1 (1/18) + 2 (1/18) + 3(1/18) + 4(1/18)
E(x) = 0 + 0.0555 + 0.1111 + 0.1666 + 0.2222
E(x) = 0.5554
The Expected value is: 0.5554
Study positive expected value - Example 2:
2) Evaluate the expected value for the discrete possibility variable. (1/2). Where x value starting from 1 to 6.
Solution:
...

Find Another Essay On Introduction to Study Positive Expected Value

Introduction to the Study of the Law of the Constitution by A.V. Dicey

2846 words - 12 pages The "rule of law" is an English concept which formulated in the 1500s as a means of describing whom had the authority to govern over another. Since its initial creation, the "rule of law" phrasing became more universal thanks largely to the work of A.V. Dicey in his 1885 work "Introduction to the Study of the Law of the Constitution." In this writing, the rule of law concept was further defined with three essential principles: -No man can be

The study of history has value only to the extent that it is relevant to our daily lives

680 words - 3 pages To state that the study of history is only valuable if it is relevant to our daily lives is to ignore the value that history has beyond the day-to-day activities of human beings. It would seem to be a rather shallow statement that implies that humans only live just to survive rather than planning for the futures of their children and the environment.First of all, to study history is to look at a road map of human behavior that has led us to

Discuss how the study of comparative culture may be of value to International Business. Illustrate your answer with examples

1457 words - 6 pages of a comparative cultural of international business is value to the country will be more advanced and also maybe stable economy. Perhaps the authorities could ensure the newly created economic policy. On the basis of this new economy can be achieved objectives, it can try to improve and stabilize the economic situation at once trying to eliminate the identification of race with economic activities. Based on the imbalance between the races, it

Study to assess the effect of developing a job according to the value chain recognized in the company and it's effect subsequently on all HR processes

9071 words - 36 pages proper attitudes matching the organization's culture.The main purpose of this study is to assess the effect of developing a job and candidate profile according to the value chain recognized in the company and it's effect subsequently on all HR processes from recruitment, job evaluation, compensation and benefits, training and career developmentThe importance of the study and it's outcomes are all based on the assumption that the job , candidate

Introduction to Marketing Study Notes for Test

757 words - 3 pages Marketing Study NotesTarget Market - to whom will you target the product.Developing Starategic Marketing Plan- identify, evaluate & select the market- when market is selected, develop & implement a Marketing Program designed to target choosen market.Market - people with willingness to purchase and authority to buy.Types of Markets:CONSUMERR GOODS - products & services purchased by consumer for personal use.INDUSTRIAL GOODS - products

An investigation into the use of cooperative Learning Strategies to foster positive social behaviour and satisfactory academic performance in Physical Education among a group of grade nine students.-...

756 words - 3 pages Purpose of The Study Purpose of The Study This study seeks to find out what environmental factors will foster or hinder the effective use of the cooperative learning strategy in promoting positive social behaviour. This research also seeks to find out to what extent students display positive social behaviour when engaged in cooperative learning and to what extent will the use of such strategy result in satisfactory academic

Peptidomics approach to study bacteriocins from Gram-positive bacteria

554 words - 3 pages alternatives to the conventional antimicrobials, it is noteworthy that they are produced by food-grade microorganisms. LAB are essential in the production of dairy products, especially those, acting as starter cultures, induce the acidification of raw milk through the production of L-lactate. LAB also contribute to flavour, texture and even to the nutritional value of cheeses. LAB play a role also in the preservation of dairy products by conferring

Case Study: Maple Leaf Shoes Ltd. - Legal Challenges - University of Regina - Introduction to Human Recourse Mgmt.

407 words - 2 pages Case Problem The significant issue in this case is the “sexual harassment” and the victim is Rosetta Maurizio. Internal and External Factors The first and main internal factor is equality of gender in working place. In the finishing section, there were only two women among twenty men. The second internal factor is a supervisor, it is Al’s responsibility to let their employees know what is sexual harassment? And what are the consequences

EVALUATION OF STRESS MANAGEMENT FOR HIGHER SECONDARY STUDENTS IN SALEM DISTRICT-TAMIL NADU

2621 words - 11 pages mechanisms for dealing with physiological stress. Stress management involves techniques include self management, conflict resolution, positive attitude, self talk, breathing, meditation, exercise, diet and rest. Effective stress management involves learning to set limits for the issues that create stress. The project make and attempt to study whether the students perceiving higher secondary education in Salem district are subject to stress and to what

Finance

1317 words - 5 pages industry. All these researches show us that the positive correlation between hedging and shareholders’ value depends on the industry that it is used. However, I think that hedging does not add shareholders value, but only decrease the currency risk reducing the variance in expected cash flows arising from unpredicted movements in exchange rate. The most crucial point that should be mentioned is that reduction of currency risk does not denote that automatically add value in firm, but that this minimization does the distribution of cash flows thinner in relation to the mean of the distribution.

cohen lol

661 words - 3 pages Introduction: In order to assess the validity of a given scientific phenomena, it is crucial to obtain various ratings and observations from different individuals (e.g. scorers and observers). Furthermore, the degree of agreement between multiple raters/observers defines the difference between an observed value and the true value. The statistical measurement of agreement has become one of the most important qualitative measure used in assessing

Similar Essays

Introduction To Expected Value Of X Tutoring

893 words - 4 pages Introduction to expected value of x tutoring: In this topic we will discuss about expected value of x tutoring for discrete random variable and some exam questions. Expected value is the fundamental thought in probability, in a sense more general than probability itself. The expected value of a real-valued possibility variable offers a compute of the center of the distribution of the variable. Tutoring is defined as a process of a personality

Introduction To Preparation For Expected Value Of Y Exam

992 words - 4 pages Introduction to preparation for expected value of y exam: In this topic we will discuss about preparation for expected value of y exam for discrete random variable and some exam questions. Expected value is the fundamental thought in probability, in a sense more general than probability itself. The expected value of a real-valued possibility variable offers a compute of the center of the distribution of the variable. More significantly, by

Introduction For Preparation For Expected Value X Exam

977 words - 4 pages Introduction for preparation for expected value x exam: In this topic we will discuss about preparation for expected value x exam for discrete random variable and some exam questions. Expected value is the fundamental thought in probability, in a sense more general than probability itself. The expected value of a real-valued possibility variable offers a compute of the center of the distribution of the variable. More significantly, by taking

Value Of Heroin Study To Healthcare Professionals

1588 words - 6 pages following bar graph summarises the findings (Mean values): Figure 2: Bar chart showing the savings that could be achieved using co-prescribed methadone in heroin-addicted patients (10) Thus far in the study, one can observe that even though on face value the cost of using heroin in conjunction to methadone in the treatment of drug addicted patients seems considerably higher. The implications on society in terms of less use of public health