Decision Analysis 4 (Tree): EVSI - Expected Value of Sample Information
*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:
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• Decision Analysis 1b: ...
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Пікірлер: 160
Powerpoint is crisp. Explanation very clear. Straight to the point. What a teacher!
These videos are great! Right to the point, no fluff talk.
You saved my day! I had no clue of evsi as i was confused like anything. This video and the posterior prob video helped me a lot. Thanks a lot!!
Amazing videos thank you i studied for the whole Decision Theory Mid term in 2 days using only these videos and by doing a few exercises! good job they are concise and precise very clear and cover everything in the course! thanx again keep it up !
Thanks a lot Joshau you really made my day. I have been struggling with understanding the concept of decision tree in R programming, with this video you have done justice to it. God bless you
brilliant! thanks Joshua, I was getting confused with the Managing Tech and Business Risks Book. Thanks for the Heads-up and info. I appreciate it.
These are some great videos! You deserve way more subscribers!
I didn’t understand my professor’s lecture and not even when a friend tutored me. Thank you for explaining this in such a calm and easy way
how a proper teacher should be. Speaks clearly, information is clear, every step is explained and all abbreviations are explained instead of plopped onto a useless powerpoint without any explanation. \
Thanks a lot! Currently doing my MBA in Strategic Management. The MBA is taught in Spanish though. Your Engish videos help A LOT!
Thank you a lot man keep putting out these videos really helping me in graduate school ! I love how you teach !
@joshemman
8 жыл бұрын
+Ronald Farmer Will try. Glad it helps.
LETS GO JOSHUA! ABSOLUTE UNIT, giving us what we need
This was so good, I can't wait to check out your other videos.
Thanks for these videos! They are more helpful than my lecture videos. :)
Only if you knew how helpful these videos are man !! Keep it up ❤️
This video was highly effective, I am going to do well on my test! Thanks for sharing!
This video was highly effective; I am going to do well on my test! Thank you for sharing!
This is so helpful! Thanks for doing these!
Thank you so muchhhhhh; this is wonderful; wasted 2 hours reading and trying to understand this and you nailed it in just 6 mins
Thanks Joshua for this video. It has been a great help for all of us mahn!
Thank you for all your videos, you make learning so exciting and easy..you're a master!
Christ, thanks! Sad when you need youtube vids to explain what a prof you pay too much money for can't. A+ vid
@crumbums
7 жыл бұрын
True story .. same situation here
YOU JUST SAVED ME,I CAN NOW PASS MY TEST!!! YOU ARE THE BEST! THANK YOU SO SO SO MUCH!!!!!!!!!!
Perfect balance of enough information to be worthwhile / the good kind of mentally challenging, but explained simply and easy to follow.
This is helping me understand and ace my modeling for BI class! Thank you!
You are more helpful than my analytics professor! Thank you for your tutorial. It is really helpful for my online class!💗
Thanks for the video!! It helps much more than i thought..
Thank you sooo much for this!!! Keep up the good work!!❤
this is explicit enough for me to write my exam. Thank you Joshua
@joshemman
9 жыл бұрын
+Olubukola Olaniran You're welcome Bukola. I'm glad it helps.
Very well explained - good use of graphics and clear explanation!!
Think you Doc, there is no words enough to thank you ❤️
Again. Thank you so much! Great video!
Be blessed bro. This is one of the most helpful videos I have ever watched.
@joshemman
2 ай бұрын
Glad it helped
Great videos. Such concise and clear explanations.
explicit, the explanation was just so good
Thank you! Your explanations are awesome
Excellent stuff!
Thank you so much! You explained it really good!!
your videos have helped me so much. thank you!
Man, you are a life saver!
You are the best! Keep it up!!
Thanksss so much for providing this excellent video!
You saved my life for my exam tomorrow! You're the best!!
thank you so much for this video . it really helped me a lot to understand this concept
so helpful ! great explanation
Your videos helped me pass my exams, thank you so much for posting these!
@joshemman
8 жыл бұрын
My pleasure Jessica.
You made it alot clearer, thank you
@joshemman
9 жыл бұрын
Warita Dari Glad this made it clearer for you Warita. Cheers!
Joshua, I got a stats final tomorrow and this is so clutch. Thank you very much for these videos, sir
@AliKhan-cj3ee
2 жыл бұрын
hes a certified beauty
Thank you Mr. Emmanuel.
Thank you for explaining it clearly.
Thank you sooo much for the videos, you save my life
Thankyou so much sir. Your videos all are short and simple with all informations. It's super useful .
This video is amazing. Thank you.
you are a lifesaver, my friend
@joshemman
8 жыл бұрын
Glad it helps Reagan.
@dilakshavishva9849
4 жыл бұрын
That may be true for me also, but think for a moment ,that our life depends on those bullshit numbers , 😏😏😏
Very great video! Thankyou so much for helping us :)
Subscribed. You're awesome.
Great ..!❤️
Emmanul you are the best!
you a the best man, thank you.
thanks for the tutorial. it was well explained
thanks man... nice video. very helpful.
Love from Korea Thank you so much you saved my life
Thank you Sir for this very clear and concise explanation.
Thank you, God Bless.
You are a legend!
It's easy to understand. Thank u so much
Very Helpful!
This is great stuff
Joshua you are the best sir, thanks a lot,
u r excellent... bro. Thank you
thank you so much!!
Saved my life!!
It took our dr 8 lectures 1:30m each and I didn’t understand anything , your AWSOME 🤟🏽
You are really good.
The best explanation
Thank's a lot ! Very clear helpful ! May I ask if it's possible for you to cover EVPI using SilverDecisions ! Thank you
thank you so much.it was hepful
Thankyou, you help me a lot
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Excellent..
u just saved my grades
Man ,You are Osummmm. Love your accent. Slowly and understandable each word. Ok le me first subscribe
Thank you for detail explanation
@joshemman
9 жыл бұрын
MIBoilers You're welcome.
Very nice 🙂
best thing since sliced bread
Wow, so helpful. Everyone like and follow...........................
thanks a lot
hello mr joshua emmanuel, tanks so much for thıs vıdeos. ı have been able to undderstand 80% of decısıon analysıs. am so certaın when ı fınısh chapter 5, ı should be able to solve many questıons ıt.
Smooth like butter
@joshemman
4 ай бұрын
Glad it was smooth for you.
thanks joshua...
「あなたの動画はとても良いですし、メッセージがた
what happens if the EVS of dont hire is greater than if to hire, would it still be calculated as 6.8268 or would it be negative EVSI, in which case the decision would be to not hire?
Very informative.Thank you.I can answer now my case study about here.😭😀
Can you make another video to explain how to perform graphical sensitivity to P(high) ?
where i can find sensitivity analysis for decision making ?
Thank you so much sir! I really understand your example than my teacher 😂😂
Great video and thanks for the explanation. How can I get success value when failure probability and failure value is given?
@joshemman
2 жыл бұрын
Can you clarify?
How would you calculate the equivalence of the consultant's fee? I don't think it's the actual fee, is it?
Please I need your help for this course. Do you private tutoring?
Thanks Josh. i've had a look through the comments and no one has asked about the consultant's fee. In the real world you'd be given a currency for the fee, but "3.5" at the end seems like some proportional conversion was done. Can you explain that and how that can be applied to R/L?
@joshemman
2 жыл бұрын
The idea is that all the values are in the same unit/currency. Whether you slap thousands or millions of dollars on those numbers, the concept holds true.