Decision Analysis 2 EMV amp EVPI Expected Value amp Perfect Information

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In this tutorial, we discuss Decision Making With Probabilities (Decision Making under Risk). • We calculate Expected Monetary Value (EMV) and Expected Value of Perfect Information (EVPI). • • Other videos: • EMV and EVPI in Excel:    • Decision Analysis - Expected Values -...   • Decision Analysis 1: Maximax, Maximin, Minimax Regret •    • Decision Analysis 1: Maximax, Maximin...   • Decision Analysis 2: Equally Likely (Laplace) and Realism (Hurwicz) •    • Decision Analysis 1b: Equally Likely ...   • • Decision Analysis 4: Decision Trees 1 •    • Decision Analysis 3: Decision Trees   • Decision Analysis 5: EVSI - Expected Value of Sample Information •    • Decision Analysis 4 (Tree): EVSI - Ex...   • Sensitivity Analysis in Decision Analysis:    • Decision Analysis - Sensitivity Analy...  

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