Dictionary
mathemat'ical expecta'tion
1. Math.the product of the probability of the occurrence of an event and the value associated with the occurrence of a given event.
2. Statistics.the summation or integration, over all values of a variate, of the product of the variate and its probability or its probability density.
Also called expectation, expected value. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.