Expected Value of "Risk"

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Posted by RickFeliz on December 07, 2000 at 18:02:16:

In Reply to: HIV testing posted by diego on December 07, 2000 at 12:57:14:

Expected Value = (probability of occurence of an event) X (consequences of event).
Expected Value of a bad session = .50 X $50 = $25.
Expected Value of HIV = .001 X (the Value of your life) = ???

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Re: Expected Value of "Risk" diego 15:04:14 12/08/00 (0)

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