Vidyalelo
Commerce · Q1108

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 1108

Q1108

The expected value of a random variable is the:

A.
value that has the highest probability of occurring
B.
mean value over an infinite number of observations of the variable
Answer
C.
largest value that will everoccur
D.
most common value over an infinite number of observations of the variable

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board