Statistical

Explain the steps involved in determining the expected value of a random variable that follows a basic distribution. Additionally, how would you go about constructing a confidence interval for this value?

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Interview question asked to Data Scientists interviewing at Anaplan, Klarna, Blizzard and other companies. Original question asked: Explain the steps involved in determining the expected value of a random variable that follows a basic distribution. Additionally, how would you go about constructing a confidence interval for this value?.