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Data & Analytical Thinking
DT-10L2
VIIData & Analytical Thinkingchecked 91 days ago14 min read

Decision Frameworks: Expected Value, Reversibility, Opportunity Cost

You'll walk away with

One real decision run through the frameworks: expected value estimated, reversibility and opportunity cost assessed, a defensible choice made

Before thisDT-01 Reading Data: Mean, Median, Spread — and the Lie of the Average
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  1. 01Good decisions and good outcomes are not the same thing
  2. 02Expected value: weighing uncertain outcomes
  3. 03Reversibility: one-way vs two-way doors
  4. 04Opportunity cost: the price of every yes
  5. 05Putting them together
  6. 06What this means for you
  7. 35′Exercise, with a verifiable output
  8. ✓Check yourself — the quiz
  9. ▶The video and audio versions
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One real decision run through the frameworks: expected value estimated, reversibility and opportunity cost assessed, a defensible choice made

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