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SFNSITVIIY ANALYSTS - CIASS ACTIUTY Using the decision problem shown in the below figure. A . Check the effects of sensitivity analysis of probability on
SFNSITVIIY ANALYSTS CIASS ACTIUTY
Using the decision problem shown in the below figure.
A Check the effects of sensitivity analysis of probability on the final decision.
BAssuming that prior probabilities are fixed as shown.
Determine the effects of uncertainty in calculating
the payoff on the decision assuming the error varies from to
with an increment of each time.
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