Compute the expected value of the perfect information


Compute the Expected value of the perfect information for the given problem.

Given the subsequent cost tree what is the expected outcome?

5

$1,000

0.3

$500

0.2

($300)

0.2

$1,500

0.8

$300

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Basic Statistics: Compute the expected value of the perfect information
Reference No:- TGS023442

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