EMV (Expected Monetary Value) Calculator

Expected Monetary Value Calculator

Expected Monetary Value Calculator

Expected Monetary Value Calculator
Parameter Description Example Value
Possible Outcome The value of a possible outcome. $1,000
Probability of Outcome The probability of the outcome occurring. 0.5
Expected Monetary Value (EMV) The weighted average of all possible outcomes.
Formula: Possible Outcome * Probability of Outcome
$500

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