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TRUE / FALSE EMV is the long - run average value of an alternative. EMV and EOL will always provide matching recommendations in a payoff
TRUEFALSE
EMV is the longrun average value of an alternative.
EMV and EOL will always provide matching recommendations in a payoff table.
EMV is the average value of a decision if it can be repeated many times.
EMV and EOL will always provide matching values for a particular decision alternative.
EMV is the weighted sum of possible payoffs for each alternative.
EMV is the exact payoff you would expect for a particular alternative.
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