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Expected Value(Geometric)

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
May 22, 2014, 7:27:48 PM
`"E(X)" = 1/ p `
`"Success Rate"`
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286123ea-e1e7-11e3-b7aa-bc764e2038f2

The Geometric Distribution Expected Value calculator computes the expected value based on the success rate (p).

INSTRUCTIONS: Enter the following:

  • (p) This is the success rate

Expected Value: The calculator returns the expected value.

Related Calculators:

The Math / Science

 In probability theory, the expected value (often noted as E(x)) refers to the expected average value of a random variable one would expect to find if one could repeat the random variable process a large number of time. In other words, the expected value is a weighted average of all possible values in the experiment.

The expected value of a geometric experiment is the number of trials needed to get the first success.

Variables:

  • `p` = Success Rate

Formula:

E(x) = 1 / p


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