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Expected Utility: A Calculator for the Utterly Confused

Welcome, dear reader, to the land of Expected Utility! A place where the laws of probability and logic reign supreme, but the users are utterly bewildered.

Here, you'll find the Expected Utility Calculator, a tool for determining the expected value of your decisions. Because, let's be real, who needs actual utility when you have expected utility?

Given a probability distribution and an outcome, this calculator will tell you the expected value of that outcome. It's like magic, but not really.

So, what would you like to calculate today?

Subpages:

Binary Outcome | Continious Outcome | Conditional Probability