XXXXXXXXXX8P AID: 111069 | 03/09/2022 Expected Value The probability of each occurrence is multiplied by the value assigned to that outcome, and the aggregate of these products is the expected value....

The probability
of each occurrence is multiplied by the value assigned to that outcome, and the
aggregate of these products is the expected value. Through the use of expected
values, investors can select the scenario with the highest probability of
yielding a favorable result.