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mathematical expectation

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Until the mid twentieth century, the standard term for the expected utility was the moral expectation, contrasted with mathematical expectation for the expected value.

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Both these concepts are mathematical expectations, but the expectation is defined with an integral for the continuous case, and a sum for the discrete case.

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We have practically defined numerical utility as being that thing for which the calculus of mathematical expectations is legitimate.

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The formula can be derived by calculating the mathematical expectation of the "amount of information" contained in a digit from the information source.

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Therefore, the players maximize the mathematical expectation of the cost function.

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This form is very useful in calculating mathematical expectations of some continuous probability distributions concerning normal distribution.

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