This topic contains a solution. Click here to go to the answer

Author Question: The expected value of perfect information (EVPI) is irrelevant concept since perfect information is ... (Read 119 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
The expected value of perfect information (EVPI) is irrelevant concept since perfect information is almost never available at any price.
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

If exact multicollinearity exists, redundancy exists in the data.
 a. True
  b. False
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

FALSE

Answer to Question 2

TRUE




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library