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    Management Science Quantitative Approach
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    Exam 13: Decision Analysis
  5. Question
    Under the Minimax Regret Approach to Decision Making,EVPI Equals the Expected
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Under the Minimax Regret Approach to Decision Making,EVPI Equals the Expected

Question 7

Question 7

True/False

Under the minimax regret approach to decision making,EVPI equals the expected regret that is associated with the minimax decision.

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