Decision dossier, synthetic F02 baseline
Teaching example. Fictional units.- HypothesisA fictional candidate has an estimated 0.56 probability of a 12-unit gross gain against a 10-unit gross loss.
- AssumptionsTotal round-trip cost is 1.80 units. Inputs are fresh at decision time. The 0.56 is an estimate whose method and uncertainty are not documented.
- EV calculation
0.56 × 12 − 0.44 × 10 − 1.80 = +0.52estimated units. Break-even probability 53.64%. - Rejection reason
EVIDENCE_INCOMPLETE. The arithmetic is positive, but lowering the estimate by 0.03 reverses the sign and nothing shows how reliable the estimate is. - Next experimentDocument how the estimate is produced, measure how much it varies across separate periods, and model cost by trade size before any further test.