Скачать или смотреть Decision Theory Under Risk | EMV EVPI EPPI | B.COM Statistics | Statistics for All

In this video, we will solve a problem of Decision theory under risk in which we will learn the following topics :
1. How to construct a pay-off matrix table
2. EMV
3. EVPI
4. EPPI
All these methods are used in decision making of operation research.

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Video link to learn minimax criterion, laplace rule, Hurwicz rule :
   • Elementary Decision Theory | Laplace rule ...  

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