Problem: How to calculate the expected value of sample information (evsi )<br>Calculate the expected monetary value (emv) of each alternative action. Note which is the emv * (greatest value). Determine the likelihood probabilities.

Based on the paragraph above can we conclude that "The expected monetary can be high."?

A: It's impossible to say


Problem: The Six of Calais is a one-act play by George Bernard Shaw. It was inspired by Auguste Rodin's sculpture "The Burghers of Calais". It is a historical comedy about the conflict between Edward III of England and his wife Philippa of Hainault over his plans to punish the leading citizens of Calais for resisting the 1346 siege.

Based on the paragraph above can we conclude that "The Six of Calais is a book by George Bernard Shaw."?

A: No


Problem: On the second comment that we should have redrafted the estimates because the government after an election has new priorities, I suggest that if we did that we would be committing the sins that the opposition is reproaching us for which is that before having legislative approval in the House we would be redrafting the estimates to show what our new priorities are before they have been implemented through legislation approved by the House.

Based on the paragraph above can we conclude that "Estimates can be wrong and right."?

A:
It's impossible to say