Calculate the expected value (average number of successes) when drawing without replacement from a finite population. Perfect for quality control, card games, lottery analysis, or any sampling scenario where items are not replaced.
The expected value E(X) represents the average number of successes you will get when drawing n items without replacement from a population of N items containing K successes. It is the proportion of successes in the population multiplied by your sample size.
With E(X) = 4.00, this means:
This formula reflects the simple fact that your sample should reflect the population proportion. If K/N of the population are successes, then K/N of your sample should be successes too. Multiply by n to get the count: n × (K/N) = nK/N. Unlike binomial, there is no replacement, but the expected value is the same - it is the variance that differs!