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probability/11_expectation.py
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return
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@app.cell(hide_code=True)
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def _(mo):
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mo.md(
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r"""
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## Applications of Expectation
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Expected value has numerous applications across various fields:
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1. **Finance**: Expected return on investments, option pricing
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2. **Insurance**: Setting premiums based on expected claims
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3. **Machine Learning**: Loss function minimization
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4. **Operations Research**: Decision making under uncertainty
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"""
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return
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@app.cell(hide_code=True)
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def _(mo):
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mo.md(
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return
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@app.cell(hide_code=True)
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def _(mo):
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mo.md(
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