Expected Value, Certainty Equivalence, etc. 1 Expected value. Mathematically, an expected value calculation weighs each possible outcome by. its likelihood, giving more weight to more likely outcomes and less weight to. less likely outcomes. When there are a ï¬nite number of outcomes, calculate. expected value by summing probability times value over all possible outcomes: Expected Value =.
R1 zoning usually means suburban homes. A property that is zoned R1 usually means that it resides in a neighborhood intended for single-family residences.1 zoning usually means suburban homes. A property that is zoned R1 usually means that it resides in a neighborhood intended for single-family residences.
A variance is a formal request by a property owner for relief from one or more of the Townâs. land-use regulations. If approved, it grants an administrative exception to those regulations, typically the Townâs Zoning Code, which can be found in Chapter 18.10 Zoning of the Beaux. Arts Village Municipal Code (BAV MC).