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Unformatted text preview: maximax Laplace minimax regret 5. What is the EMV criterion, and what additional information is needed to use it? 2 6. What is a decision tree, and how is it useful? 7. What is the expected value of perfect information? 8. What information does sensitivity analysis provide for a decision maker? 5s-3...
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This note was uploaded on 09/30/2008 for the course MGT 3325 taught by Professor Umble during the Fall '08 term at Baylor.
- Fall '08