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The difference between the expected value of an optimal strategy based on sample information and the best expected value without any sample information is

The difference between the expected value of an optimalstrategy based on sample information and the bestexpected value wi 

The difference between the expected value of an optimal strategy based on sample information and the "best" expected value without any sample information is called the 1 efficiency of sample information. 2 expected value of perfect information. 3 information sensitivity. expected value of sample information.

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