This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How is the Expected Value of Perfect Information (EVPI) calculated? A) the sum of the EMV with ... (Read 109 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jun 24, 2018
How is the Expected Value of Perfect Information (EVPI) calculated?
 
  A) the sum of the EMV with perfect information (assumed at no cost) and the EMV without any information
  B) the EMV without any information (assumed at no cost) minus the EMV with perfect information
  C) the EMV with perfect information (assumed at no cost) divided by the EMV without any information
  D) the EMV with perfect information (assumed at no cost) minus the EMV without any information

Question 2

A random variable is normally distributed with a mean of 25 and a standard deviation of 5. If an observation is randomly selected from the distribution, what value will 15 of the observations be below?
 
  A) 19.8
  B) 16.2
  C) 18.7
  D) 17.2


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kusterl

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


dmcintosh

  • Hero Member
  • *****
  • Posts: 517
Reply #2 on: Jun 24, 2018
Thank you


kusterl

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Sharing patient information with colleagues is an important nursing role Sharing patient information with colleagues is an important nursing role
Everyday situations sometimes present opportunities for children to build information processing ... Everyday situations sometimes present opportunities for children to build information processing ...
The Emergency Action Guide entry for styrene. Useful information includes emergency response ... The Emergency Action Guide entry for styrene. Useful information includes emergency response ...
The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ... The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ...
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
The following information relates to the Cutting Department of Kittina Corporation for the ... The following information relates to the Cutting Department of Kittina Corporation for the ...
Video: How does an animal choose what food to eat?

For a complete list of videos, visit our video library