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EV is something that you must calculate based on your opponent's range of hands. You can only determine your opponent's range of hands by reading him/her. Therefore, EV is not a fixed number that can be put on a chart.
But this is correct; a person's hand range changes as your observational data improves (more hands) or if you suspect that he is tilting, or see patterns (how positionally aware, ie. how much tighter EP and looser LP he is, or perhaps if he tightens up after being seen bluffing, etc), or the sort of hands he plays. Some players love their ace jack ace ten, fearing domination, while others put AJ above KQ in worth, so for those players, the top x% of their range may be different.
It's fluid.