Which of the following statements the use of decision trees in multi-stage decision making problems is FALSE?
A) Multi-stage decision making problems involve a sequence of decisions.
B) EVSI is an upper bound for the EVPI.
C) Multi-stage decision making problems using decision trees are solved moving backward.
D) EVSI measure the value of sample information.
E) The efficiency of sample information is a ratio of EVSI to EVPI.
B
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Answer the following statement true (T) or false (F)
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