1 / 4 · bullets
Concept: expected value
- Expected value weighs each outcome by its probability
- EV = sum of (probability × payoff)
- Choose the action with the highest EV when you're risk-neutral
A study guide deck from a lecture or training recording.
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2 / 4 · table
| Action | High demand (p = 0.6) | Low demand (p = 0.4) | Expected value |
|---|---|---|---|
| Build large | 200 | -50 | 100 |
| Build small | 100 | 20 | 68 |
3 / 4 · hero_stat
EV = 100
Build large has the higher expected value
0.6 × 200 + 0.4 × (-50) = 100
4 / 4 · bullets
Illustrative example of the layouts a Study guide deck uses, here for a decision-theory lecture. Your slides come from what your lecturer said.
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Rewatching a 90-minute lecture to find one definition is slow. A study guide deck puts each concept on its own slide, in the order it was taught, with the example that explained it.
Tables matter most. A decision-theory lecture had a payoff table at its core, and our first version flattened it into four bullet points. A reviewer said the table, rendered as an actual table, was the single slide that would sell the product. Now tables stay tables.
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