Expected value | Economics homework help
Identify a situation from your own experience that involves making decisions using expected value, and detail the different options, expectations, and payouts. Discuss the risks involved with those expectations and, if applicable, the payouts. Include in your discussion an explanation of how to determine how much information to gather to minimize uncertainty. Finally, explain which decision should be made.
Journal – 250 words in length
No references or citations are necessary.
Additional Details on the grading
Response reflects indepth consideration and personalization of the theories, concepts, and/or strategies presented. Viewpoints and interpretations are insightful. Response demonstrates synthesis of ideas presented.
DO YOU NEED HELP WITH THIS ASSIGNMENT ?
Whether you need help writing your paper, or doing a power point presentation, final exam, discussion question or a lab, Here at Homework nerds we can help. Just click on the below order now button, and let us take care of all your academic needs.