Fill in each blank so that the resulting statement is true. A mathematical way to use probabilities to determine what to expect in various situations over the long run is called ______ value. The standard way to find this value is to multiply each possible outcome by its ______, and then ______ these products. Question content area bottom Part 1 A mathematical way to use probabilities to determine what to expect in various situations over the long run is called probable expected average predicted value. The standard way to find this value is to multiply each possible outcome by its probability, odds against, expected value, odds for, and then add divide subtract multiply these products