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Decision Analysis 2b: Expected Opportunity Loss (EOL)
3:00
YouTubeJoshua Emmanuel
Decision Analysis 2b: Expected Opportunity Loss (EOL)
This video explains how to make decision using the Expected Opportunity Loss (EOL) Approach, and also describes the relationship EOL has with the Expected Monetary Value (EMV), and with the Expected Value of Perfect Information (EVPI). Sensitivity Analysis in Decision Analysis: https://youtu.be/ybz5AAlyrLk
182.5K viewsSep 21, 2015
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