To calculate the expected value of an outcome:A divide the value of each outcome by its probability, then add the results.B divide the value of the desired outcome by the value all possible outcomesC multiply the value of each outcome by its probability, then add the resultsD use linear regression to assess the expected value of the outcomeE B and D only
To calculate the expected value of an outcome:
A divide the value of each outcome by its probability, then add the results.
B divide the value of the desired outcome by the value all possible outcomes
C multiply the value of each outcome by its probability, then add the results
D use linear regression to assess the expected value of the outcome
E B and D only
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