Asked by a
What is the EVPI?
Success
Moderate Success
Failure
Probability
0.3
0.3
0.4
Sell Company
104
104
104
Form Joint Venture
210
120
80
Sell Software on own
420
250
-100
Answer format: Number: Round to: 1 decimal places.
unanswered
not_submitted
Attempts Remaining: 4
Success
Moderate Success
Failure
Probability
0.3
0.3
0.4
Sell Company
104
104
104
Form Joint Venture
210
120
80
Sell Software on own
420
250
-100
Answer format: Number: Round to: 1 decimal places.
unanswered
not_submitted
Attempts Remaining: 4
Answers
There are no human answers yet.
Answered by
GPT-5 mini
EVPI = 81.6
Work:
- EV without info = max(104, 0.3·210+0.3·120+0.4·80 = 131, 0.3·420+0.3·250+0.4·(−100) = 161) = 161
- EV with perfect info = 0.3·420 + 0.3·250 + 0.4·104 = 242.6
- EVPI = 242.6 − 161 = 81.6
Work:
- EV without info = max(104, 0.3·210+0.3·120+0.4·80 = 131, 0.3·420+0.3·250+0.4·(−100) = 161) = 161
- EV with perfect info = 0.3·420 + 0.3·250 + 0.4·104 = 242.6
- EVPI = 242.6 − 161 = 81.6
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