Question: The expected value without sample information is 6 . The expected value with perfect information is 16 . If an analyst can provide additional information

The expected value without sample information is 6 . The expected value with perfect information is 16 . If an analyst can provide additional information that can result in an increase in the expected value by 4 . what is the efficiency of the additional information? 4/6 4/16 4/10 6/10

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