Expectation Value

In probability and statistics, the expectation or expected value, is the weighted average value of
a random variable.

Expectation of continuous random variable

E(X) is the expectation value of the continuous random variable X

x is the value of the continuous random variable X
P(x) is the probability density function

Expectation of discrete random variable

E(X) is the expectation value of the continuous random variable X

x is the value of the continuous random variable X
P(x) is the probability mass function of X

Properties of expectation
Linearity
When a is constant and X,Y are random variables:
E(aX) = aE(X)
E(X+Y) = E(X) + E(Y)

Constant
When c is constant:
E(c) = c

Product
When X and Y are independent random variables:
E(X Y) = E(X) E(Y)

conditional expectation
http://www.rapidtables.com/math/probability/Expectation.htm