The expected value of sample information (EVSI)is the difference between the EMV we can obtain with sample information and the EMV we can obtain without information.

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The Expected Value of Sample Information (EVSI) measures the value of obtaining additional information before making a decision. It is calculated as the difference between the Expected Monetary Value (EMV) with the sample information and the EMV without the sample information.

The Expected Value of Sample Information (EVSI)is the Difference Between