BSOP209 Assignment (Week 6) - Supplemental Work Module A.3

BSOP209 Assignment (Week 6) - Supplemental Work Module A.3...

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8/10/10 Decision Tables Data Results Profit Big Average Small EMV Minimum Maximum Probability 0.3 0.5 0.2 Large 22000 12000 -2000 12200 -2000 22000 Average 14000 10000 6000 10400 6000 14000 Small 9000 8000 4000 7500 4000 9000 Maximum 12200 6000 22000 Expected Value of Perfect Information Column best 22000 12000 6000 13800 <-Expected value under 12200 <-Best expected value
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Unformatted text preview: 1600 &lt;-Expected value of per Regret Big Average Small Expected Maximum Probability 0.3 0.5 0.2 Large 8000 1600 8000 Average 8000 2000 3400 8000 Small 13000 4000 2000 6300 13000 Minimum 1600 8000 r certainty rfect information...
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BSOP209 Assignment (Week 6) - Supplemental Work Module A.3...

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