Expected Value Theory
Bob is in his final year of high school. He is interested in 5 universities but he is only allowed to apply to 3 schools. From the MacLean's university rankings he has data on all 5 universities. Use Expected Value Theory to determine which schools Bob should apply to.
|
University |
Acceptance Probability |
Reputation Score |
|
A |
.5 |
13 |
|
B |
.3 |
17 |
|
C |
.6 |
12 |
|
D |
.4 |
18 |
|
E |
.7 |
11 |