[#2] Decision Theory And Decision Tree -Decision Making Under Risk| By Prof. Mihir Shah

Here is the video about "How to calculate problem sums relating to Decision Making Under Risk". In this video one will be able to solve sums relation to :
Expected Monetary Value
Expected Opportunity Loss
Expected value with perfect information
Expected payoff with perfect information
hope this will help you to get the subject knowledge at the end.
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Thanks and All the best.
By Prof. Mihir Shah

[@Sai-mr5im]

Simply superb sir

[@MihirShah_Professor]

Thank you so much

[@LEARNWITHMEE-ll4yt]

In this we can calculate EOL

[@MihirShah_Professor]

Yes you can..

[@anaykasharma3957]

Amazing Sir . 👍🏻

[@MihirShah_Professor]

Thanks a lot

[@ishwaryak7863]

Amazing sir👍

[@MihirShah_Professor]

Thanks a ton.. keep sharing

[@mulongojohnathan8963]

Wonderful, God bless you can you send me more videos on decision making

[@MihirShah_Professor]

Definately

[@sagarkumar-mx7eq]

For EPPI Do we have take highest no. From act or state ? As in my book they r taking from state

[@teslatesl4112]

Yes I too confused

[@mulongojohnathan8963]

For example game theory and others thank you

[@MihirShah_Professor]

Game theory videos are there in the playlist

[@nishamoudekar9548]

What is the no. Of copies should he order?

[@radham-np8xy]

Answer sir

[@radham-np8xy]

Answer: The newspaper boy can order 12 copies as his profit will be maximum at this level.