Expected value calculator

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Model up to five discrete outcomes and see the weighted average before you commit to a decision.

Only the first N scenarios are used in the weighted-average calculation.

All required fields must be filled in.

Expected Value

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Enter a full set of scenario outcomes and probabilities to calculate EV and risk spread.

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Example calculations

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Launch decision

Strong upside, moderate base case, controlled downside

Useful when a launch or offer has a few discrete outcomes and you want the weighted average before deciding.

Result: Positive EV with a meaningful but bounded downside tail

Promo gamble

Small wins, one painful miss

A common pattern where the worst-case scenario drags the average below zero despite several winning paths.

Result: Negative EV even though winning outcomes occur more often than losing ones

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