Expected Value of Perfect Information
{"Image DocumentName": "Expected Value of Perfect Information", "Image ImageDescription": "Expected Value Under Certainty. =( 200,000   0.50)=  100,000. Max(EMV)= Max{10,000, 40,000, 0}= 40,000. EVPI = Expected Value Under Certainty - Max(EMV) =  100,000 -  40,000. =  60,000. So Getz should not be willing to pay more than  60,000.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}