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Expected Value

Fill in the Expected Value right in your browser — Σ probability × outcome. No sign-up; your work saves to this browser.

What the Expected Value template covers

  • Expected value calculation
Expected value calculation

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What is the Expected Value?

Σ probability × outcome

When to use it: Choosing under uncertainty when you can estimate probabilities and outcome values.

Why it works: Forces probabilities to be quantified instead of vibed; reveals when 'safe' choices are bad bets.

Want the deeper guide? Read the full Expected Value entry →

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<iframe src="https://frameworklist.com/embed/tools/expected-value" width="100%" height="720" loading="lazy" style="border:1px solid #eaeaea;border-radius:12px;max-width:680px" title="Expected Value worksheet"></iframe>
<p style="font-size:12px;font-family:system-ui,sans-serif;color:#666">Free <a href="https://frameworklist.com/tools/expected-value">Expected Value worksheet</a> by <a href="https://frameworklist.com">Framework List</a></p>