Assertion: price's value | /r/HasProperty | emv
Facets:
Source sentences:
text: Expected monetary value (EMV) = probability * impact
text: Expected monetary value (EMV) = probability * impact
text: In this article, we will discuss the concept and analyze simple Expected monetary value (EMV) examples for better understanding.
text: Expected monetary value (EMV) = probability * impact
text: Calculate the expected monetary value (EMV) for this risk event.
text: The expected monetary value (EMV) of the risk event is –150 USD.
text: Calculate the expected monetary value (EMV) for this risk event.
text: Hence, the expected monetary value (EMV) of the risk event is 800 USD.
text: The expected monetary value (EMV) of these two events is –500 USD.
text: The expected monetary value (EMV) of all three events is –1,000 USD.
text: As a risk management tool, Expected monetary value (EMV) helps to quantify and compare risks in many aspects of the project.
text: Before we dive into probability and expected monetary value (EMV), we will introduce a motivational problem from the petroleum industry.
text: These decision problems can be solved by calculating a quantity known as the “expected monetary value” (EMV) – basically a probability-weighted average of net present values of different outcomes.