The average number of children in a family under the age of 1818 is 0.76, which is the predicted value of this distribution.
The product of each potential result and its associated probability yields the anticipated value of a probability distribution. The probable outcomes in this scenario are 0, 1, 2, 3, & 4 minors, with the associated probability shown in the table.
We may add the products of each result and its probability to determine the estimated return of this distribution:
Expected value = (0)(0.58) + (1)(0.18) + (2)(0.16) + (3)(0.06) + (4)(0.02)
= 0 + 0.18 + 0.32 + 0.18 + 0.08
= 0.76
Therefore, 0.76 children below the age of 18 per household are the anticipated value of this distribution.
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