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PIARC (World Road Association), founded in 1909 and comprising 125 member governments from all over the world, is the global forum for exchange of knowledge and experience on roads, road transport policies and practices. With consultative status to the Economic and Social Council of the United Nations, the Association is contributing to a stable and sustainable global development of the road and transport sector.

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  4. Term of the Dictionary | expected value

Term of the Road Dictionary

expected value

  • Language : PIARC Road Dictionary / English
  • Theme : Operations Road Safety
  • Definition : Typical numerical representation of societal risk as the sum of the frequencies/ probabilities of each event or scenario multiplied by their corresponding consequences.
  • Synonyms : expectation / mathematical expectation

Erwartungswert

  • Language : PIARC Road Dictionary / German
  • Theme : Betrieb Straßenverkehrssicherheit
  • Definition : Numerische Wiedergabe des kollektiven Risikos als Summe der Häufigkeit/ Wahrscheinichkeit jedes Ereignisses oder Szenarios, multipliziert mit den daraus folgenden Konsequenzen.