The EXPECTED VALUE for each outcome fork is calculated by
A) Adding all the benefits of each possible outcome.
B) The weighted average of the end values for each outcome fork.
C) Subtracting the cost of an adversarial process from the benefit of a collaborative process.
D) Multiplying the end values for each outcome fork by the hypotenuse of a perfect square.
E) Multiplying the end values for each outcome fork by 50 percent.

Question

Quizplus · Accepted Answer

The expected value is calculated as the weighted average of all possible outcomes, where each outcome is weighted by its probability of occurrence.

The EXPECTED VALUE for Each Outcome Fork Is Calculated by