Business, 26.02.2020 00:57 farrellandnandi

Expected monetary value (EMV) is:.a. the average or expected value of the decision if you knew what would happen ahead of timeb. the weighted average of possible monetary values, weighted by their probabilitiesc. the average or expected value of the information if it was completely accurated. the amount that you would lose by not picking the best alternative

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Expected monetary value (EMV) is:.a. the average or expected value of the decision if you knew what...

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