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In fact, if your matrix is not 5 x 5 you can still put in as much as will fit and see what it tells you.
Yellow areas are editable. Coloured grids below show where the ranking of risks using expected values differs from that usin
0 0 0 -1 -1
0 0 -1 -2 1
0 0 0 0 1
0 0 0 0 6
Expected value using highest corner of each cell Lower Upper Prob 0.1 1 0.01 0.1 0.001 0.01 1E-04 0.001 0 1E-04 Index 5 4 3 2 1 Index Upper Lower 5 0.5 0.05 0.005 0.0005 1 5 0 Imp 50 5 0.5 0.05 0.005 2 50 5 500 50 5 0.5 0.05 3 500 50 5000 500 50 5 0.5 4 5000 500 50000 5000 500 50 5 5 50000 5000
Rank order 11 16 20 23 25 7 11 16 20 23
Expected value using 'mid' points of each cell Prob Mid 0.182 0.018 0.002 2E-04 1E-05 Index 5 4 3 2 1 Index Mid 0.090909 0.009091 0.000909 0.000095 0.000005 1 0.5 1.727273 0.172727 0.017273 0.001805 0.000095 2 9.5 16.52893 1.652893 0.165289 0.017273 0.000909 3 90.90909 165.2893 16.52893 1.652893 0.172727 0.009091 4 909.0909 1652.893 165.2893 16.52893 1.727273 0.090909 5 9090.909
Rank order 15 18 21 23 25 8 11 16 20 23
Imp
Score by multiplying index numbers Lower Upper Prob 0.1 1 0.01 0.1 0.001 0.01 1E-04 0.001 0 1E-04 Index 5 4 3 2 1 Index Upper Lower Imp 5 4 3 2 1 1 5 0 10 8 6 4 2 2 50 5 15 12 9 6 3 3 500 50 20 16 12 8 4 4 5000 500 25 20 15 10 5 5 50000 5000
Rank order 16 18 21 23 25 9 12 14 18 23
Score by adding index numbers Lower Upper Prob 0.1 1 0.01 0.1 0.001 0.01 1E-04 0.001 0 1E-04 Index 5 4 3 2 1 Index Upper Lower Imp 6 5 4 3 2 1 5 0 7 6 5 4 3 2 50 5 8 7 6 5 4 3 500 50 9 8 7 6 5 4 5000 500 10 9 8 7 6 5 50000 5000
Rank order 11 16 20 23 25 7 11 16 20 23
isks using expected values differs from that using row and column indices added or multiplied.
4 7 11 14 17
2 4 7 11 17
1 2 4 7 17
4 7 11 16 20
2 4 7 11 16
1 2 4 7 11
5 9 13 16 21
3 5 9 11 18
1 2 4 7 14
5 7 11 14 21
2 4 7 12 18
1 2 5 9 16
4 7 11 16 20
2 4 7 11 16
1 2 4 7 11