How Do You Do the Number Format Real Quick?

The number format is just a number for the purpose of comparing with the other options. So you're not going to multiply anything by these days, but only and so far as you're going to come up with a probability weighted utility. Step seven is assign the probabilities of the tree branches. Step eight is calculate the expected value for each option. And then you end up with in the end, summing up your expected utility for each of your different options that you have in front of you. One of them will be the highest. Then you say, well, that's the best choice.