Reference Entry

expected monetary value

Edited by Jonathan Law

in A Dictionary of Business and Management

Sixth edition

Published in print January 2016 | ISBN: 9780199684984
Published online February 2016 | e-ISBN: 9780191765278
expected monetary value

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In decision making, the sum of the products of the outcomes in monetary terms and the probabilities of these outcomes

Reference Entry.  101 words. 

Subjects: Business and Management

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