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The expected value in finite math refers to the average outcome of a random variable over many trials.
Students taking the finite math course are required to learn about expected value in the course.
To calculate expected value in finite math, you must multiply each possible outcome by its probability and then sum up all these values.
The purpose of learning about expected value in the finite math course is to understand how to predict average outcomes in probability situations.
Students must report their calculated expected values for various probability distributions in finite math course.
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