- Thread starter Leo Simon
- Start date
- Tags conditional expectation

Can I call it a "probability weighted average" or does "average" necessarily imply that the weights integrate to one. If so, then what about a "probability weighted value"?

\(\beta _{r}=\int_{-\infty }^{\infty }x\left ( F\left ( x \right ) \right )^{r}f\left ( x \right )dx\)