Scribd Logo
Upload

Welcome to Scribd!

  • Brian, Fenny, Ismalia, Kezia: Decision Tables

    Uploaded by

    Kezia Olivia Tiffany Halim
    12 views2 pages
    This document contains a decision table analyzing the expected monetary value (EMV) of different investment sizes under good and poor market conditions. It calculates the EMV, maximum, minimum, and expected values for each investment size. It then computes the expected value under certainty, the best expected value from the table, and the expected value of perfect information, which is the difference between these values.

    Original Description:

    Original Title

    ch 3, 3-28

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document contains a decision table analyzing the expected monetary value (EMV) of different investment sizes under good and poor market conditions. It calculates the EMV, maximum, minimum, and expected values for each investment size. It then computes the expected value under certainty, the best expected value from the table, and the expected value of perfect information, which is the difference between these values.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    12 views2 pages

    Brian, Fenny, Ismalia, Kezia: Decision Tables

    Uploaded by

    Kezia Olivia Tiffany Halim
    This document contains a decision table analyzing the expected monetary value (EMV) of different investment sizes under good and poor market conditions. It calculates the EMV, maximum, minimum, and expected values for each investment size. It then computes the expected value under certainty, the best expected value from the table, and the expected value of perfect information, which is the difference between these values.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Brian, Fenny, Ismalia, Kezia

    Decision Tables
    Data
    Profit
    Probability
    Small
    Medium
    Large
    Very Large

    Good Market

    Results
    EMV

    Poor Market

    0.8
    50000
    80000
    100000
    300000

    0.2
    -10000
    -20000
    -40000
    -160000
    Maximum

    Expected Value of Perfect Information


    Column best
    300000

    -10000

    38000
    60000
    72000
    208000
    208000

    Minimum
    -10000
    -20000
    -40000
    -160000
    -10000

    Good Market
    0.8
    250000
    220000
    200000
    0

    50000
    80000
    100000
    300000
    300000

    238000 <-Expected value under certainty


    208000 <-Best expected value
    30000 <-Expected value of perfect information

    Regret
    Probability
    Small
    Medium
    Large
    Very Large

    Maximum

    Poor Market

    Expected

    0.2
    0
    10000
    30000
    150000
    Minimum

    200000
    178000
    166000
    30000
    30000

    Maximum
    250000
    220000
    200000
    150000
    150000

    ect information

    You might also like