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Expected value of a random variable

Determine the expected value of a game.

This video explains how to find the expected utility.

http://www.PaddyPowerPoker.com

In this poker tutorial we discuss the importance of knowing the long term probabilities of a certain event. Underst...

This is the basic lecture on expected value.

Matt and Ashish go over a few Bayes' Theorem problems and explain how to use the tree diagram.

Ashish and Matt walk us through 3 expected value problems in our first online video series! Checkout MATH115.COM for more video content. Below is a...

The brilliant Bill Fillmaff expounds upon an often misunderstood advanced poker concept: expected value (+EV). You CAN'T win without +EV, but you C...

Ashish and Matt walk us through 3 expected value problems in our first online video series! Checkout MATH115.COM for more video content. Below is a...

This video is about the expected utility model.

Ashish and Matt walk us through 3 expected value problems in our first online video series! Checkout MATH115.COM for more video content. Below is...

A first example of Monte Carlo using Risk Solver Platform

We take the model that was presented in the first video and run the linear regression in excel. We look at the p values and do hypothesis testing....

We introduce Queueing theory. IMpatient customer strategies such as balking, reneging and colonizing are discussed as well as other assumptions in...

This is Part 1.b.x of the video lessons of T2+2™, the new Tech Transfer software from Foresight Science & Technology™

Descision Tree: Folding Back

Decision Analysis Presentation for HAP 740.

Go to http://www.palisade.com/ris...

to view this tutorial and/or other Palisade tutorials in higher resolution. These short videos wil...

We use "least squares regression" to calculate the slope and intercept in a simple linear regression model with one independent and one dependent v...

We discuss Monte Carlo Simulation and develop a simulated game of blackjack.

How to calculate the expected value of an event

Lecture Series on Artificial Intelligence by Prof. P. Dasgupta, Department of Computer Science & Engineering, IIT Kharagpur. For more Courses visit...

We calculate the Expected Value of Sample Information (EVSI)

We continue with the example and develop the new decision tree. We then roll it back.

We go over some non-probabilistic decision rules. Maxi-max, MaxiMin, and Mini-Max (regret). We figure the regret matrix, or opportunity loss matrix.

We continue the previous example from part 2. Now we have the option to hire consultants and conduct a study. The cost of the study is $10,000. ...

We extend our example to include probabilities. We draw a decision tree, roll it back to calculate expected monetary values, then we calculate the...

Douglas Gale, a professor of economics at New York University, speaks at the annual Robert Rosenthal Memorial Lecture on Decision Making Under Unce...

LSBF's ACCA tutor Rob Sowerby presents a lecture on the ACCA F5 paper. The material is part of LSBF's Online ACCA course

To learn more, visit:

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LSBF's P5 tutor Marcus Dankwah delivers a lecture on Decision Making & Performance Evaluation. Watch now for his top exam tips.

To learn more ab...

Using Excel to calculate average values and to pick max and min values

ACCA F5 video lecture - Maximax, Maximin and Minimax Regret rule - Part 2

by: Hasaan Fazal [http://hasaanfazal.blogspot.c­om]

To take admission in ...

Can you talk about this video while using the terms: epistemology, idiographic, and nomothetic?

qual research video for marketing research class presentation

Simon Jacobson, www.meaningfullife.com

Overview Lecture

Thelma Houston-Dont Leave me this way