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Measuring Risk for Decision Analysis

This JavaScript measures the risk associated with each action in decision analysis. Whenever the decision maker has some knowledge regarding the states of nature, decision maker must be able to assign subjective probability estimates for the occurrence of each state.

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More about this material

Material Type:
Collection
Date Added to MERLOT:
October 14, 2004
Date Modified in MERLOT:
June 2, 2022
Author:
Unknown (Know the author?)
Submitter:
Barbra Bied Sperling
Hispanic Serving Institution
Primary Audience:
College General Ed, Graduate School, Professional
Technical Format:
Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
No
Accessibility Information Available:
Unknown
Creative Commons:
No

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