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    Statistics for Management and Economics
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    Exam 22: Decision Analysis
  5. Question
    The Expected Value of Perfect Information (EVPI)is Always the Same
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The Expected Value of Perfect Information (EVPI)is Always the Same

Question 80

Question 80

True/False

The expected value of perfect information (EVPI)is always the same as the expected opportunity loss for the best alternative.That is,EVPI = EOL*.

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