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The efficiency of sample information a. is the EVSI/(maximum EMV without SI) expressed as a percentage....

The efficiency of sample information a. is the EVSI/(maximum EMV without SI) expressed as a percentage. b. is the EVPI/EVSI expressed as a percentage. c. would be 100% if the sample information were perfect. d. is computed using only the EVPI and the maximum EMV.

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Answer #1

c. would be 100% if the sample information were perfect

This is the correct option

The efficiency rating (E) for sample information= (EVSI/EVPI)*100

When the sample information is perfect then it becomes 100%

Pl leave feedback as thumbs-up if it helped.

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