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By: Neil E. Cotter |
Probability |
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Linear combin of rand vars |
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Mean value formulas |
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Tools: The table below summarizes the values for means of combinations of random variables.
Mean (or Expected Value), 1 random variable
Note: Typically, unless g( ) is a linear function.
Mean (or Expected Value), any 2 random variables
Mean (or Expected Value), 2 Independent random variables