To find the EVSI, a. use the EVPI to calculate sample ...

[pragya sharda]

To find the EVSI,
 a. use the EVPI to calculate sample information probabilities.
  b. use indicator probabilities to calculate prior probabilities.
  c. use prior and sample information probabilities to calculate revised probabilities.
  d. use sample information to revise the sample information probabilities.

Question 2

The sum of relative frequencies in a distribution always equals 1.
  Indicate whether the statement is true or false

[jamesnevil303]

Answer to Question 1

C

Answer to Question 2

T

[pragya sharda]

Thanks for the timely response, appreciate it

[chereeb]

YES! Correct, THANKS for helping me on my review