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    Business statistics Study Set 3
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    Exam 25: Decision Analysis
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    Since the Expected Monetary Value Decision Is Always the Same\(a _ { i }\)
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Since the Expected Monetary Value Decision Is Always the Same aia _ { i }ai​

Question 23

Question 23

True/False

Since the expected monetary value decision is always the same as the expected opportunity loss decision, then EMV*( aia _ { i }ai​ ) = EOL*( aia _ { i }ai​ ), for any alternative aia _ { i }ai​ .

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