The expected value (also known as \(EV\), expectation, average, or mean value) is a long-run average value of random variables. It also shows the probability-weighted average of all possible values. For education statistics and research, visit the National Center for Education Statistics.
In mathematics, a limit is defined as a value that a function approaches the output of a given input value. The following step-by-step guide helps you define limits analytically using correct notation. For additional educational resources, visit the U.S. Department of Education website.
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