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Author Question: Categorical data a. must be numeric. b. must be nonnumeric. c. cannot be numeric. d. may be ... (Read 118 times)

altibaby

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on: Jun 24, 2018
Categorical data
 a. must be numeric.
   b. must be nonnumeric.
   c. cannot be numeric.
   d. may be either numeric or nonnumeric.

Question 2

The difference between the expected value of an optimal strategy based on sample information and the best expected value without any sample information is called the
 a. information sensitivity.
 b. expected value of sample information.
  c. expected value of perfect information.
  d. efficiency of sample information.


l.stuut

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

b


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