Calculadora de Valor Esperado

Calcule o valor esperado de uma variável aleatória com base nas probabilidades e valores possíveis.

Expected Value E(X)

27.0000

Variância241.0000
Desvio Padrão15.5242
Sum of Probabilities1.0000

Expected Value E(X) vs Outcome 1

Formula

How to Calculate Expected Value

Formula

E(X) = Sum of (xi * pi)

The expected value is the long-run average outcome of a random variable. Multiply each possible outcome by its probability and sum the products. It represents the "center of gravity" of the probability distribution. The variance is E(X^2) - [E(X)]^2.

Exemplo Resolvido

A game pays $10 with probability 0.2, $20 with probability 0.5, and $50 with probability 0.3.

  1. 01E(X) = 10*0.2 + 20*0.5 + 50*0.3
  2. 02= 2 + 10 + 15 = 27
  3. 03E(X^2) = 100*0.2 + 400*0.5 + 2500*0.3 = 20 + 200 + 750 = 970
  4. 04Var(X) = 970 - 27^2 = 970 - 729 = 241
  5. 05SD = sqrt(241) ≈ 15.5242

Perguntas Frequentes

Does the expected value have to be a possible outcome?

No. The expected value is a weighted average and often falls between outcomes. For example, the expected value of a fair die roll is 3.5, which is not a possible outcome.

What if probabilities do not sum to 1?

For a valid probability distribution, probabilities must sum to exactly 1. If they do not, either the distribution is incomplete or there is an error in the inputs.

How is expected value used in decision making?

Expected value helps compare options by their long-run average payoff. In finance, it estimates average returns. In gambling, a positive expected value means a profitable bet on average.

Aprender

Understanding the Normal Distribution

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