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    Business
  3. Study Set
    Quantitative Analysis for Management
  4. Exam
    Exam 3: Decision Analysis
  5. Question
    EVPI (Expected Value of Perfect Information)provides the Decision Maker a Value
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EVPI (Expected Value of Perfect Information)provides the Decision Maker a Value

Question 17

Question 17

True/False

EVPI (expected value of perfect information)provides the decision maker a value of the lowest amount she should be willing to pay for additional information.

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