The arithmetic mean of all possible outcomes is known as

The arithmetic mean of all possible outcomes is known as

Q. The arithmetic mean of all possible outcomes is known as___________

  1. expected value
  2. critical value
  3. variance
  4. standard deviation

Answer: expected value

Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page