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Decision Analysis 4 (Tree): EVSI - Expected Value of Sample Information
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*Construct Decision Tree with Sample (Imperfect) Information
*Calculate Expected Value of Sample Information
*Use EVSI to determine the best decision strategy
To prevent it from being boring, this video is a bit fast paced.
Please pause the video as often as necessary to ensure you capture all the details.
Other videos:
Decision Analysis 1: Maximax, Maximin, Minimax Regret
Decision Analysis 1.1 (Costs): Maximax, Maximin, Minimax Regret
Decision Analysis 2.1: Equally Likely (Laplace) and Realism (Hurwicz)
Decision Analysis 2: EMV & EVPI - Expected Value & Perfect Information
Decision Analysis 3: Decision Trees 1
Decision Analysis 5: Posterior Probability Calculations
*Calculate Expected Value of Sample Information
*Use EVSI to determine the best decision strategy
To prevent it from being boring, this video is a bit fast paced.
Please pause the video as often as necessary to ensure you capture all the details.
Other videos:
Decision Analysis 1: Maximax, Maximin, Minimax Regret
Decision Analysis 1.1 (Costs): Maximax, Maximin, Minimax Regret
Decision Analysis 2.1: Equally Likely (Laplace) and Realism (Hurwicz)
Decision Analysis 2: EMV & EVPI - Expected Value & Perfect Information
Decision Analysis 3: Decision Trees 1
Decision Analysis 5: Posterior Probability Calculations
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