The expected value of perfect information (EVPI) is irrelevant ...

[arivle123]

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

[hanadaa]

Answer to Question 1

FALSE

Answer to Question 2

TRUE

[arivle123]

Thanks for the timely response, appreciate it

[Dinolord]

Great answer, keep it coming