The Binomial Distribution Expected Value calculator computes the expected value based on the success rate (p) and the number of trials (n).
INSTRUCTIONS: Enter the following:
Expected Value: The calculator returns the expected value.
Related Calculators:
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 binomial experiment is equal to `n * p` which is the number of Bernoulli trials multiplied by the number of successes.
Variables:
Equation:
E(x) = n * p