Decision Analysis 2: EMV & EVPI - Expected Value & Perfect Information

  Рет қаралды 713,093

Joshua Emmanuel

Joshua Emmanuel

Күн бұрын

Пікірлер: 271
@sstangsujika7959
@sstangsujika7959 5 жыл бұрын
I have been lost in this topic for weeks, professor could not help me at all, I spent 3.47 minutes and all is cleared. Thank you so much, hope your contributions return to you :)
@revengergamer-fh8jy
@revengergamer-fh8jy 8 ай бұрын
Speechless at how easily you explained it
@thelmacarr8779
@thelmacarr8779 3 жыл бұрын
This guy is top top. The reason why I excelled in my quantitative methods exams❤️
@Silumbe
@Silumbe 8 жыл бұрын
I am just speechless man,I just can't thank you enough!! Thank you for being such a blessing!!! Simple and Clear!!!
@alicewanjiru2298
@alicewanjiru2298 5 жыл бұрын
Listen @Joshua Emmanuel. I am looking this up now and i can`t type fast enough but you are amazing. You do this so well. You are simply gifted. Keep at it and let us know what we can do to support you. For starters i am all subscribed. I have never looked forward to submit my assignment. God bless you!
@walterday8901
@walterday8901 8 жыл бұрын
Thanks for this video. I've spent a few hours this morning reading my textbook and various websites, and you just explained this concept more clearly than any of them in under 4 minutes. Awesome.
@SuperIWOW
@SuperIWOW 3 ай бұрын
Josh, thank you very much for the professional way of explaining it, Our professor took 37 min in a class, and I didn't get it. god bless.
@pieterjacobs6709
@pieterjacobs6709 8 жыл бұрын
Thank you so much. This really, really helped me. The text book could not even explain it so easy. Please, upload some more?
@rksashi
@rksashi 11 ай бұрын
thank you sir. from India
@brainbuild4452
@brainbuild4452 3 жыл бұрын
5 weeks of lectures in 4 min. WOW!
@santyrahman6227
@santyrahman6227 5 жыл бұрын
I got my business modeling decision exams by 1pm today and thank god i found you
@77mardi
@77mardi 9 жыл бұрын
Thank you so much for this tutorial. Because of this, I will do well on my mid. term.
@janekarlarosita7033
@janekarlarosita7033 7 жыл бұрын
i'll probably watch all of your videos! you make it easy for me to understand Operations Research! Salute you sir! 😊
@anthonychikeziecomrade1883
@anthonychikeziecomrade1883 4 жыл бұрын
Am really thankful for this tutorial. It has simplified what i have been racking brain on
@freetheharpy
@freetheharpy 4 жыл бұрын
Your videos are hands down the best. Thank you so much.
@OMARI_HONO
@OMARI_HONO 2 ай бұрын
I found exactly where my Lecturer gets his notes,no need to attend classes anymore
@amyscott7256
@amyscott7256 7 жыл бұрын
Joshua, thank you! Your videos are the clearest I've found and I truly appreciate your channel. Please keep making them for those of us for whom this doesn't automatically click!
@ast123f5
@ast123f5 7 ай бұрын
Great explanation, thank you so much!!
@Jettaboz
@Jettaboz 6 жыл бұрын
taught me in 3 minutes what my professor couldnt for a week
@FIZAKHAN-kn1nz
@FIZAKHAN-kn1nz 3 жыл бұрын
Same🙋🏻‍♀️🙋🏻‍♀️
@李梁-c7e
@李梁-c7e Жыл бұрын
fuck you are the true hero
@wgatapa3427
@wgatapa3427 Жыл бұрын
My brother, same here. Mine is even worst bc I think my lecturer is solving EVwPI as simply EMV. I'm so lost
@MrGomezzo
@MrGomezzo 4 жыл бұрын
Joshua, I just want to thank you for this and say that your videos were of great help during my graduate studies. Thank you for these videos.
@patricembaya8183
@patricembaya8183 3 жыл бұрын
Simply and beautifully explained , thank you so much . you have just saved me 30 min of reading unnecessary long theory
@joshuanicol-macdonald4065
@joshuanicol-macdonald4065 8 жыл бұрын
Thank you so much. I was struggling for so long to learn these concepts and you made it clear in less than 4 minutes. Thanks you!
@maatlalekelandi688
@maatlalekelandi688 Жыл бұрын
Thank you, you explain so well! God bless you more!
@siluwep
@siluwep 2 жыл бұрын
i didnt understand alot of this until i watched this thank you so much
@olubukolaolaniran887
@olubukolaolaniran887 9 жыл бұрын
Thank you for simplifying this concept
@Jason-bj9zn
@Jason-bj9zn 8 ай бұрын
made it much easier to understand than my college professor. thank you!
@joshemman
@joshemman 8 ай бұрын
You're welcome 😄
@shaekmrsyahoocom
@shaekmrsyahoocom 4 жыл бұрын
Hello Joshua! Thank you so much for taking the time to create this video. Not much quality tutorials available online on this topic.
@flyhigh651
@flyhigh651 9 жыл бұрын
Thank you for making the definitions and calculations of EVPI and EVWPI!!! so clear I was having trouble grasping the concept! :D
@joshemman
@joshemman 9 жыл бұрын
Fly High You're welcome.
@fahaqaq6298
@fahaqaq6298 7 жыл бұрын
sir plz tell me about the probability where 0.2 0.50 and 0.3 came from
@peekatchu1383
@peekatchu1383 7 жыл бұрын
it will be given in the question
@fahaqaq6298
@fahaqaq6298 7 жыл бұрын
thank you peek at chu
@man77mk
@man77mk 4 жыл бұрын
@@joshemman it's been 4 years, I'm a new student having a problem understanding this. But thanks to you problem solved! God bless you.
@saranshgoyal92
@saranshgoyal92 4 жыл бұрын
Simple, lucid & self explanatory
@franco5287
@franco5287 Жыл бұрын
Thank you sir ☺️☺️ I'm really was satisfied but watching your video and voice is also perfect(not to fast as others, which creates a clear understanding of topic ty)
@edutechguruengineeringlear4280
@edutechguruengineeringlear4280 Жыл бұрын
kzbin.info/www/bejne/pV7Sgn6pf9qUprs
@BrandonCharlesOng
@BrandonCharlesOng 9 жыл бұрын
Love you long time
@ashishmatura7919
@ashishmatura7919 5 жыл бұрын
You explained so simply man.... now I am convinced human race originated from africa. love from India
@CJBrown133
@CJBrown133 3 жыл бұрын
Thank you Joshua! Very comprehensive and straightforward
@cabdiqanifaysal4629
@cabdiqanifaysal4629 3 жыл бұрын
i am so happy to learn this math in this youtube chanal and i want say thank you
@abigail_hill_health_coach
@abigail_hill_health_coach 2 жыл бұрын
Thank you for making these videos! I’m in a masters online program and we are just given a textbook. These videos are helping me immensely.
@SiddharthGargYT
@SiddharthGargYT Жыл бұрын
Welcome
@zacedx
@zacedx 5 жыл бұрын
You saved my life I am eternally grateful!
@AliKhan-cj3ee
@AliKhan-cj3ee 3 жыл бұрын
you're an absolute beauty josh, thanks
@hussainal-baghdadi2128
@hussainal-baghdadi2128 6 жыл бұрын
30 min and thand you have 3 min vids loving it
@rifahtasnia8671
@rifahtasnia8671 2 жыл бұрын
Thank you so much 😍 Love from Bangladesh ❤️ It helps a lot 💞💞
@miss00babycat
@miss00babycat 4 жыл бұрын
Simple but clear, thank you so much for the tutorial!
@jacqueshollands5630
@jacqueshollands5630 Жыл бұрын
Yet another excellent video by Joshua
@edutechguruengineeringlear4280
@edutechguruengineeringlear4280 Жыл бұрын
kzbin.info/www/bejne/pV7Sgn6pf9qUprs
@junjie2525
@junjie2525 8 жыл бұрын
Hi Joshua, thank you so much for your explanation!! It was clear and straight to the point. I wish I can say the same about my textbook .....
@MrToasty901
@MrToasty901 5 жыл бұрын
Textbooks suck, videos are better :D
@arielpeleg4156
@arielpeleg4156 4 жыл бұрын
Amazing work bro! saved me hours!!! Gained a subscriber you're a hero champ
@lansanaconteh1766
@lansanaconteh1766 2 жыл бұрын
Wow!! Thus is wonderful thanks for clearing my doubt all along sir
@dinahphaswana4760
@dinahphaswana4760 3 жыл бұрын
Writing in few min and been playing pubg the whole night. You really coming through for me😭😭❤️
@TheAl217
@TheAl217 3 жыл бұрын
Thank you for this video. Can you please explain how you calculated the probabilities?
@MrToasty901
@MrToasty901 5 жыл бұрын
This guys a legend best explainer ever
@iyanamarriearganoza8022
@iyanamarriearganoza8022 3 жыл бұрын
YOU DESERVE THE WORLD!!!! You've just summarized an e-book HUHU
@dbzfreak83
@dbzfreak83 3 жыл бұрын
your videos are so helpful and make things so clear, thank you! this video especially really helped me
@felipe5955
@felipe5955 3 жыл бұрын
I was stressing thanks for blessing
@CarmelCortado
@CarmelCortado 7 жыл бұрын
Thanks man! Super helpful! As well as the first part. Keep it up!
@bridgetobot2851
@bridgetobot2851 7 жыл бұрын
josh emmanuel. saving lives from 2017.
@1997adamwalsh
@1997adamwalsh 6 жыл бұрын
best tutorials ever thank you Joshua!
@kawa_bata
@kawa_bata 7 жыл бұрын
thank you very much indeed. very clear and nice. my professor couldnt make it clear for me.
@SonPham-gh9rf
@SonPham-gh9rf 2 жыл бұрын
Better than my professor in Suffolk University :))))
@ngantranha9526
@ngantranha9526 2 жыл бұрын
thank you for making these videos! you make it easy for me to understand my lesson better
@alyssacommisso4836
@alyssacommisso4836 4 жыл бұрын
you literally just helped me out so much thank you!!!!!
@noraalakwaa9042
@noraalakwaa9042 4 жыл бұрын
Great, excellent, outstanding, astonishing
@mahmoudayman9766
@mahmoudayman9766 3 жыл бұрын
يسطا انت عظيم ♥
@XenoContact
@XenoContact 5 жыл бұрын
Great explanation. I would like to know a practical example of the utility of the EVPI please.
@freddieg8377
@freddieg8377 6 жыл бұрын
Made it so simple, you're a G!
@marniedreyer-shaik4894
@marniedreyer-shaik4894 4 жыл бұрын
Joshua, you are a genius. You should find work at my school
@malmimaddugoda6875
@malmimaddugoda6875 7 жыл бұрын
this was very much useful. keep your work going on. cheers!
@yi-tingwei2442
@yi-tingwei2442 Жыл бұрын
Thanks for your clear tutorial! I’d like to ask since in EMV should invest all in bonds, how should we invest in EVPI? Thank you!
@joshemman
@joshemman Жыл бұрын
EVPI is the value of of perfect information. It is the maximum you should pay for information in general. It is not a decision alternative.
@yi-tingwei2442
@yi-tingwei2442 Жыл бұрын
@@joshemman thank you very much! I think I got my answer in your EVSI video!
@kwabenadavid7802
@kwabenadavid7802 2 жыл бұрын
Thank you very much for your video. But please how do you generate the probabilities of the state of nature
@babakaranja5648
@babakaranja5648 7 жыл бұрын
Thank you straight to the point as all your videos
@ubongudom4854
@ubongudom4854 Жыл бұрын
Thank you so much, you made my day.
@joshemman
@joshemman Жыл бұрын
You're welcome!
@TheSiriusSigma
@TheSiriusSigma 8 жыл бұрын
Great video! New economists and students of decision theory will benefit from your video! Thank you!
@nordgothica
@nordgothica 7 жыл бұрын
This is clear and easy to understand. Thank you!
@varalakshmikrishnamurthy6625
@varalakshmikrishnamurthy6625 6 жыл бұрын
thank you so much for simple and clear explanation
@tuzkygaming1648
@tuzkygaming1648 8 жыл бұрын
Now i can make my homework! Thank you so much for this video! :D
@johnbaptist8401
@johnbaptist8401 5 жыл бұрын
Brilliantly explained, thank you very much sir
@blackydegreat8368
@blackydegreat8368 5 жыл бұрын
Wow you make this look so easy wow
@niteshchowdhary3248
@niteshchowdhary3248 7 жыл бұрын
Thank you so much, you saved me.!
@cacrisc
@cacrisc 4 жыл бұрын
I just love you soooo much!!!!!! this is awesome
@sandipanisingh1648
@sandipanisingh1648 3 жыл бұрын
Indeed a 👼 angel for me 😍
@kareng4120
@kareng4120 6 жыл бұрын
Simple and straightforward 💗💗💗💗
@priyapandey8623
@priyapandey8623 7 жыл бұрын
thankyou sir i have exam tommorow 😁😁....i like your accent too
@IndyRandall
@IndyRandall 7 жыл бұрын
Very helpful, thanks a lot Joshua.
@jasminemurphy9502
@jasminemurphy9502 8 жыл бұрын
Very helpful!! Thank you :)
@lispasunday1413
@lispasunday1413 4 жыл бұрын
Thank you so much 🙏 Be blessed
@jiayingsim9015
@jiayingsim9015 7 жыл бұрын
Thank you so much. Can I ask if the values are cost, will the calculation be the same?
@lorenroseyonola6731
@lorenroseyonola6731 4 жыл бұрын
Thanks for the good tutorial
@triplediff
@triplediff 5 жыл бұрын
Thank you Joshua, very nice
@odeyaaladire6869
@odeyaaladire6869 Жыл бұрын
Thanks for this video
@joshemman
@joshemman Жыл бұрын
You're welcome
@christianmutatsh5137
@christianmutatsh5137 9 ай бұрын
You are the best ❤️✋
@kavishainduwara5585
@kavishainduwara5585 11 ай бұрын
Thank you 💙
@melaniewoods6240
@melaniewoods6240 8 жыл бұрын
Thank you for this lesson. It will surely help with my homework, however, I am having trouble setting up a similar table for a product (i.e. cheese) that will have a loss if not sold in 1 months time. The demand and probabilities are given. How do I account for predicted losses? I hope my question makes sense.
@alial-ansari8815
@alial-ansari8815 4 жыл бұрын
I really salute you sir
@dylankois
@dylankois 3 жыл бұрын
Thank you king
@oldtimes4474
@oldtimes4474 7 жыл бұрын
Very nicely explained ... Thank you very much..
@rollyanggaraari9946
@rollyanggaraari9946 4 жыл бұрын
thanks sir. its really helped me... more video like this for better future :) #fromIndonesia
@klaudiakrajnik741
@klaudiakrajnik741 Жыл бұрын
Thank you for this video!
@ALEXANDROSCHATZIXENITIDIS
@ALEXANDROSCHATZIXENITIDIS 4 ай бұрын
Mate GOD BLESS YOU
@joshemman
@joshemman 4 ай бұрын
Bless you too, Alexandros. 🙏
@chrisdesilva6177
@chrisdesilva6177 6 жыл бұрын
god bless might pass because of you!
@Monoslay
@Monoslay 8 жыл бұрын
This was very usefull, thank you!
@danielmoranga7487
@danielmoranga7487 7 жыл бұрын
simple and clear, thanks alot
@snape9265
@snape9265 3 жыл бұрын
thanks for your lecture
@raizercool1
@raizercool1 5 жыл бұрын
helped me understand in 6 mins
@Panthergrl99
@Panthergrl99 6 жыл бұрын
Great tutorial!
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