CFA考试
报考指南考试报名准考证打印成绩查询备考资料考试题库

重置密码成功

请谨慎保管和记忆你的密码,以免泄露和丢失

注册成功

请谨慎保管和记忆你的密码,以免泄露和丢失

Expected Value and Variance

帮考网校2020-08-06 18:14:20
|
Expected value and variance are two important concepts in probability theory and statistics.

Expected value is the average value that we can expect to get from a random variable over a large number of trials. It is calculated by multiplying each possible outcome of the random variable by its probability and adding up the results. For example, if we roll a fair six-sided die, the expected value of the roll is (1/6) x 1 + (1/6) x 2 + (1/6) x 3 + (1/6) x 4 + (1/6) x 5 + (1/6) x 6 = 3.5.

Variance is a measure of how spread out a set of data is. It is calculated by taking the difference between each value and the expected value, squaring the result, multiplying it by the probability of that value, and adding up the results. For example, if we roll a fair six-sided die, the variance of the roll is [(1-3.5)^2 x 1/6] + [(2-3.5)^2 x 1/6] + [(3-3.5)^2 x 1/6] + [(4-3.5)^2 x 1/6] + [(5-3.5)^2 x 1/6] + [(6-3.5)^2 x 1/6] = 2.92.

In summary, expected value tells us what we can expect to get on average from a random variable, while variance tells us how spread out the possible outcomes are.
帮考网校
|

推荐视频

推荐文章

  • 暂无文章