What Is Expected Value

question 99

Multiple Choice

What is expected value?

• A)The average of each possible outcome of a future event, weighted by its probability of occurring
• B)The average probability of all possible outcomes of a future event occurring, weighted by each possible outcome individually
• C)The sum of all probabilities of all possible outcomes of a future event occurring
• D)The most likely future outcome

---

Definitions:

Deportation

The official removal of an individual from a country in which they are not a citizen typically due to the violation of immigration or criminal laws.

Indirect Effects

Consequences of a business or economic action that are not immediate or direct but occur as a secondary effect.

Direct Effects

The immediate impact of an action or policy, without considering the subsequent or secondary outcomes.

Political Risk

The risk that political conditions in a host country might change, negatively affecting foreign businesses.