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## Statistics

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

Statistics and Probability, Statistics

• Category:- Statistics and Probability
• Reference No.:- M923442

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