How Is the Expected Value of Perfect Information (EVPI)calculated

question 58

Multiple Choice

How is the Expected Value of Perfect Information (EVPI) calculated?

• A)the sum of the EMV with perfect information (assumed at no cost)and the EMV without any information
• B)the EMV without any information (assumed at no cost)minus the EMV with perfect information
• C)the EMV with perfect information (assumed at no cost)divided by the EMV without any information
• D)the EMV with perfect information (assumed at no cost)minus the EMV without any information

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Definitions:

Defective Corporation

A corporation about which an error or omission was made during its incorporation process.

Incorporator

An individual who applies for incorporation on behalf of a corporation.

Promoters

Individuals or companies that initiate and take the responsibility for setting up a business or company.

Government

The organization, or the apparatus, through which a political unit exercises authority and performs functions and which is usually classified as parliamentary or presidential.