How is "expected utility" calculated?
A) By summing the probabilities
B) By multiplying utilities by their probabilities and summing the results
C) By finding the average of all utilities
D) By maximizing the worst outcome
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How is "expected utility" calculated?
A) By summing the probabilities
B) By multiplying utilities by their probabilities and summing the results
C) By finding the average of all utilities
D) By maximizing the worst outcome