Explain in general why EVSI is the same, regardless of the actual cost of the information. For…

Explain in general why EVSI is the same, regardless of the actual cost of the information. For example, in the Acme problem EVSI is the same regardless of whether the actual cost of the test market is $100,000, $200,000, or any other value. Then explain how EVSI, together with the actual cost of the information, leads to the decision about whether to purchase the information.

 

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now