Question: 1) Testing the data and model should be done before the results have been analyzed. 1) _______ 2) Trying various approaches and picking the one

1) Testing the data and model should be done before the results have been analyzed. 1) _______

2) Trying various approaches and picking the one that results in the best decision is called

A) algorithmic approximation.

B) incomplete enumeration.

C) the trial-and-error method.

D) sensitivity analysis.

E) complete enumeration.

3) EVPI (expected value of perfect information) is a measure of the maximum EMV as a result of additional information. 3) ______

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