The document discusses the formulas for calculating the expected value or expectation of a random variable X for both continuous and discrete distributions. For a continuous distribution, the expected value is calculated by integrating x times the probability density function f(x) from negative infinity to positive infinity. For a discrete distribution, the expected value is calculated by summing the possible values of x multiplied by their respective probabilities p(x) from i=1 to n.
The document discusses the formulas for calculating the expected value or expectation of a random variable X for both continuous and discrete distributions. For a continuous distribution, the expected value is calculated by integrating x times the probability density function f(x) from negative infinity to positive infinity. For a discrete distribution, the expected value is calculated by summing the possible values of x multiplied by their respective probabilities p(x) from i=1 to n.
The document discusses the formulas for calculating the expected value or expectation of a random variable X for both continuous and discrete distributions. For a continuous distribution, the expected value is calculated by integrating x times the probability density function f(x) from negative infinity to positive infinity. For a discrete distribution, the expected value is calculated by summing the possible values of x multiplied by their respective probabilities p(x) from i=1 to n.