Expected Value Theory is a mathematical framework for making decisions in uncertain situations. It's like a superpower that helps you choose the best option, even when everything is up in the air.
Imagine you're a time-traveling adventurer, and you have to decide which historical event to attend. Do you go to the signing of the Magna Carta or the first landing on the moon? Expected Value Theory helps you calculate which one will give you the most epic Instagram post.
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