Decision Tree 2











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Decision tree example - Smith Industries - with market research. This is the second out of two videos and covers EVSI, and the effects of lower market research cost, starting the analysis with net payoffs and adding a third alternative with payoff of 0. • Table of Contents • 0:00 EVSI • 1:54 Case of Market Research Cost - EVSI • 3:30 Alternative of Starting with Net Payoffs • 5:06 Case of Alternative with Payoff of 0

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