Author Question: If two events A and B are independent, the P(A and B) = P(A) + P(B). Indicate whether the ... (Read 84 times)

appyboo

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If two events A and B are independent, the P(A and B) = P(A) + P(B).
  Indicate whether the statement is true or false

Question 2

The expected value of perfect information (EVPI) is always the same as the expected opportunity loss for the best alternative. That is, EVPI = EOL.
  Indicate whether the statement is true or false



emsimon14

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Answer to Question 1

F

Answer to Question 2

T



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