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 53 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?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

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

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen
Comparing Traditional and Industrialized (and Information) Societies Comparing Traditional and Industrialized (and Information) Societies
The vehicle emissions control information (VECI) sticker is placed under the hood. The vehicle emissions control information (VECI) sticker is placed under the hood.
The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ... The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ...
Milk Label Containing Information about the Use of rBGH Milk Label Containing Information about the Use of rBGH
8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ... 8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ...
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library