In decision theory, "expected value of perfect information" is the.

Question

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average expected payoff

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value of a decision given perfect information

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value of a decision without perfect information

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maximum value a decision maker is willing to pay to purchase perfect information

1.	In decision theory, "expected value of perfect information" is the.
A.	average expected payoff
B.	value of a decision given perfect information
C.	value of a decision without perfect information
D.	maximum value a decision maker is willing to pay to purchase perfect information
Answer» E.

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