share the love. Dogfish Head Brown Honey Rum is a double-distilled, amber rum made with Delaware wildflower honey and aged on American oak chips. Dark and smooth, this rum has a subtle woody character from the oak aging and a touch of sweetness from the honey.
The basic level for excepted value is: Expected monetary value (EMV) = probability * impact. The expected value result can either be added to the costs of the project or subtracted from the projectâs profit. The project profit or cost is usually referred to as the baseline. The baseline is the initial approved cost or profit structure for the project.
Expected Value, Certainty Equivalence, etc. 1 Expected value. Mathematically, an expected value calculation weighs each possible outcome by. its likelihood, giving more weight to more likely outcomes and less weight to. less likely outcomes. When there are a ï¬nite number of outcomes, calculate. expected value by summing probability times value over all possible outcomes: Expected Value =.