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Author Question: The expected value with perfect information assumes that all states of nature are equally likely. (Read 36 times)

mwit1967

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on: Dec 3, 2019

Question 1

If a decision maker knows for sure which state of nature will occur, he/she is making a decision under certainty.
◦ true
◦ false

Question 2

The expected value with perfect information assumes that all states of nature are equally likely.
◦ true
◦ false
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Marked as best answer by mwit1967 on Dec 3, 2019

SVictor

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mwit1967

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Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review

vickybb89

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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