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Expected Value Calculator

Calculate the probability-weighted expected value. Use 1–1,000 comma- or whitespace-separated numbers, each with magnitude at most 1 billion.

Free to useNo sign-upRuns in your browser
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Enter the inputs, then select Calculate.

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Your result
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Result will appear here

How Expected Value Calculator works

Calculate the probability-weighted expected value.

Use 1–1,000 comma- or whitespace-separated numbers, each with magnitude at most 1 billion. Finite real inputs; output uses up to 12 significant digits. Floating-point results may be rounded. Probabilities must be between zero and one and sum to one within 10⁻⁹. No automatic normalization.

Concept diagram for Expected Value Calculator, showing outcomes input and the supported output.
Concept diagram; the three operation images are actual browser captures.

How to use Expected Value Calculator

Follow the labelled inputs.

Enter outcomes

Replace the example with outcomes. The field labels specify the expected format and units.

Input and settings
Expected Value Calculator: input and settings in the implemented browser tool
Actual local browser view. Open the image to read it at full size.

Check the remaining inputs

Set probabilities. Use 1–1,000 comma- or whitespace-separated numbers, each with magnitude at most 1 billion.

Tool result
Expected Value Calculator: tool result in the implemented browser tool
Actual local browser view. Open the image to read it at full size.

Run, review and save

Select Calculate. Review the calculated result, then copy it or download the result text.

Review the details
Expected Value Calculator: review the details in the implemented browser tool
Actual local browser view. Open the image to read it at full size.

Examples and uses for Expected Value Calculator

Check the supplied example

The starting example produces 17.5. Calculate the probability-weighted expected value.

Abstract input values and a mathematical worksheet.
Start with the values. Concept illustration.

Use your own inputs

Read the labels for outcomes and probabilities. Use 1–1,000 comma- or whitespace-separated numbers, each with magnitude at most 1 billion.

Two calculation examples shown for comparison.
Compare a second example. Concept illustration.

Record a reviewed result

Copy the calculated result into your notes. Keep the formula and assumptions with it if someone else needs to reproduce the calculation.

A calculation and supporting explanation represented conceptually.
Explain the calculation. Concept illustration.

How to read the result

Read the units and assumptions with the output.

Calculate the probability-weighted expected value.

Use 1–1,000 comma- or whitespace-separated numbers, each with magnitude at most 1 billion. Finite real inputs; output uses up to 12 significant digits. Floating-point results may be rounded. Probabilities must be between zero and one and sum to one within 10⁻⁹. No automatic normalization.

A mathematical result connected to the values used to calculate it.
Read the result with its inputs. Concept illustration.

Supported input and limits

Check the stated scope before you run it.

Use 1–1,000 comma- or whitespace-separated numbers, each with magnitude at most 1 billion. Finite real inputs; output uses up to 12 significant digits. Floating-point results may be rounded. Probabilities must be between zero and one and sum to one within 10⁻⁹. No automatic normalization.

The input stays in this browser. Copy result and Download save the same displayed text.

Values and units reviewed before relying on a mathematical result.
Check values and units. Concept illustration.

Expected Value Calculator: common questions

Answers about using Expected Value Calculator and understanding its results.

What assumptions and input limits apply?

Use 1–1,000 comma- or whitespace-separated numbers, each with magnitude at most 1 billion. Finite real inputs; output uses up to 12 significant digits. Floating-point results may be rounded. Probabilities must be between zero and one and sum to one within 10⁻⁹. No automatic normalization.

How can I save the output?

Use Copy result to copy the displayed text, or Download to save it as a text file. The tool runs in your browser and does not require an account.

Calculate with your input

Check the calculated result, then copy or download it.

Calculate