![Howard Raiffa Quotes: The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities.](https://www.quoteslyfe.com/images/collection3/quotations659/The-best-practical-advice-then-is-try-659512.jpg)
The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities.
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This page presents the quote "The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities.". Author of this quote is Howard Raiffa. This quote is about payoff, trying, expected, advice,.