--- id: 20260114133159 title: Expected Value type: permanent created: 2026-01-14T18:31:59Z modified: 2026-01-14T18:41:57Z tags: [] --- # Expected Value Expected value is pretty much the mean of a function, but more specifically, it's the weighted average of all possible outcomes of a function: $$ \hat X = E{X} $$ If we have an estimate of a posterior using [[Bayes' Theorem]], we can get the following result: $$ \hat X = \sum_i X^i \hat{Pr}(X^i|Y) $$