Decision Trees - Calculating EVSI and EVPI
9:28
Decision Trees - Calculating EVSI and EVPI
Expected Value of Sample Information and Expected Value of Perfect Information are explained in this video, as applied to a decision tree. This video is based on the Operations Research textbook by Wayne Winston.
YouTubeISE Post已浏览 5412 次2022年9月16日
Expected value of perfect information EVPI Examples
SOLVED: Explain conceptually why the expected value of perfectinformation (EVPI) and the minimum expected opportunity loss (EOL)are equivalent.
SOLVED: Explain conceptually why the expected value of perfectinformation (EVPI) and the minimum expected opportunity loss (EOL)are equivalent.
numerade.com
2022年5月19日
SOLVED: Look again at Problem 8.11, which concerns whether you should drop your decision analysis course. Estimate EVPI (expected value of perfect information) for your score in the course.Link to solution for 8.11:https://www.chegg.com/homework-help/Making-Hard-Decisions-2nd-edition-chapter-8-problem-11QP-solution-9780534260347
SOLVED: Look again at Problem 8.11, which concerns whether you should drop your decision analysis course. Estimate EVPI (expected value of perfect information) for your score in the course.Link to solution for 8.11:https://www.chegg.com/homework-help/Making-Hard-Decisions-2nd-edition-chapter-8-problem-11QP-solution-9780534260347
numerade.com
2021年9月25日
SOLVED: 9. (bonus points) In the problem of decision making under risk, the expected value of perfect information (EVPI) is always the same as the value of a. maximum EMV b. EV with PI c. maximum EOL minimum EOL.10. Which of the following is a measure of accuracy of forecasts, so that it is used to select a good forecasting model for a problem? MAD b. Moving average Weighted moving average d. Exponential smoothing.11. Suppose July's forecast was 700 and July's actual sales were800. What is the f
SOLVED: 9. (bonus points) In the problem of decision making under risk, the expected value of perfect information (EVPI) is always the same as the value of a. maximum EMV b. EV with PI c. maximum EOL minimum EOL.10. Which of the following is a measure of accuracy of forecasts, so that it is used to select a good forecasting model for a problem? MAD b. Moving average Weighted moving average d. Exponential smoothing.11. Suppose July's forecast was 700 and July's actual sales were800. What is the f
numerade.com
2021年9月25日
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