study guides for every class

that actually explain what's on your next test

Expected values

from class:

Intro to Statistics

Definition

Expected values are the theoretical frequencies of outcomes in a distribution, calculated based on a specified model. They are used to determine how well observed data fits an expected distribution.

congrats on reading the definition of expected values. now let's actually learn it.

ok, let's learn stuff

5 Must Know Facts For Your Next Test

  1. Expected values are calculated using the formula $E_i = N \times p_i$, where $N$ is the total number of observations and $p_i$ is the probability of each outcome.
  2. They play a crucial role in the Chi-Square Goodness-of-Fit test, which compares observed frequencies to expected frequencies.
  3. The Chi-Square statistic is computed as $$\chi^2 = \sum \frac{(O_i - E_i)^2}{E_i}$$ where $O_i$ and $E_i$ are observed and expected frequencies, respectively.
  4. A significant difference between observed and expected values indicates that the observed data does not fit the expected distribution well.
  5. Expected values must be greater than or equal to 5 for each category to ensure the validity of the Chi-Square test.

Review Questions

  • What formula is used to calculate expected values?
  • How do expected values relate to the Chi-Square Goodness-of-Fit test?
  • Why must each expected value be at least 5 for a valid Chi-Square test?
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.