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Decision Matrix

Find the expected value (EV) of a specific decision, Doing the Thing, versus Not Doing the Thing

Doing the Thing

Rate the impact and probability of a GOOD outcome if you "Do the Thing."

What if there was a Good Outcome by Doing the Thing?

Impact of a Good Outcome
Probability of a Good Outcome

Rate the impact and probability of a BAD outcome if you "Do the Thing."

What if there was a Bad Outcome by Doing the Thing?

Impact of a Bad Outcome
Probability of a Bad Outcome

Not Doing the Thing

Rate the impact and probability of a GOOD outcome not doing "The Thing."

A Good Outcome when Not Doing?

Impact of a Good Outcome if Not Doing
Probability of a Good Outcome if Not Doing

Rate the impact and probability of a BAD outcome not doing "The Thing."

A Bad Outcome after Not Doing?

Impact of a Bad Outcome if Not Doing
Probability of a Bad Outcome if Not Doing