I have been lost in this topic for weeks, professor could not help me at all, I spent 3.47 minutes and all is cleared. Thank you so much, hope your contributions return to you :)
Thanks for this video. I've spent a few hours this morning reading my textbook and various websites, and you just explained this concept more clearly than any of them in under 4 minutes. Awesome.
Listen @Joshua Emmanuel. I am looking this up now and i can`t type fast enough but you are amazing. You do this so well. You are simply gifted. Keep at it and let us know what we can do to support you. For starters i am all subscribed. I have never looked forward to submit my assignment. God bless you!
Joshua, thank you! Your videos are the clearest I've found and I truly appreciate your channel. Please keep making them for those of us for whom this doesn't automatically click!
Thank you sir ☺️☺️ I'm really was satisfied but watching your video and voice is also perfect(not to fast as others, which creates a clear understanding of topic ty)
Thank you for this lesson. It will surely help with my homework, however, I am having trouble setting up a similar table for a product (i.e. cheese) that will have a loss if not sold in 1 months time. The demand and probabilities are given. How do I account for predicted losses? I hope my question makes sense.
What if the 'Declining' Column contains only negative numbers (e.g -5, -13, -2)? Will the EVwoPI be calculated taking the lowest number still, or the lowest number will be discarded in this case as all her zero (no profits)?
Having all negative values in a column should not affect the process here, unless you're dealing with costs. However, I don't understand what you mean by "taking the lowest number."
I have been lost in this topic for weeks, professor could not help me at all, I spent 3.47 minutes and all is cleared. Thank you so much, hope your contributions return to you :)
Speechless at how easily you explained it
I am just speechless man,I just can't thank you enough!! Thank you for being such a blessing!!! Simple and Clear!!!
thank you sir. from India
Great explanation, thank you so much!!
Thanks for this video. I've spent a few hours this morning reading my textbook and various websites, and you just explained this concept more clearly than any of them in under 4 minutes. Awesome.
taught me in 3 minutes what my professor couldnt for a week
Same🙋🏻♀️🙋🏻♀️
fuck you are the true hero
My brother, same here. Mine is even worst bc I think my lecturer is solving EVwPI as simply EMV. I'm so lost
Me threee more I then I understood all semester
Listen @Joshua Emmanuel. I am looking this up now and i can`t type fast enough but you are amazing. You do this so well. You are simply gifted. Keep at it and let us know what we can do to support you. For starters i am all subscribed. I have never looked forward to submit my assignment. God bless you!
This guy is top top. The reason why I excelled in my quantitative methods exams❤️
Josh, thank you very much for the professional way of explaining it, Our professor took 37 min in a class, and I didn't get it. god bless.
Thank you so much. This really, really helped me. The text book could not even explain it so easy. Please, upload some more?
Am really thankful for this tutorial. It has simplified what i have been racking brain on
Joshua, thank you! Your videos are the clearest I've found and I truly appreciate your channel. Please keep making them for those of us for whom this doesn't automatically click!
Your videos are hands down the best. Thank you so much.
5 weeks of lectures in 4 min. WOW!
I got my business modeling decision exams by 1pm today and thank god i found you
Joshua, I just want to thank you for this and say that your videos were of great help during my graduate studies. Thank you for these videos.
i didnt understand alot of this until i watched this thank you so much
I found exactly where my Lecturer gets his notes,no need to attend classes anymore
Wow!! Thus is wonderful thanks for clearing my doubt all along sir
i'll probably watch all of your videos! you make it easy for me to understand Operations Research! Salute you sir! 😊
Thank you so much for this tutorial. Because of this, I will do well on my mid. term.
Thank you so much. I was struggling for so long to learn these concepts and you made it clear in less than 4 minutes. Thanks you!
Amazing work bro! saved me hours!!! Gained a subscriber you're a hero champ
Simply and beautifully explained , thank you so much . you have just saved me 30 min of reading unnecessary long theory
Thank you, you explain so well! God bless you more!
Thank you for making the definitions and calculations of EVPI and EVWPI!!! so clear I was having trouble grasping the concept! :D
Fly High You're welcome.
sir plz tell me about the probability where 0.2 0.50 and 0.3 came from
it will be given in the question
thank you peek at chu
@@joshemman it's been 4 years, I'm a new student having a problem understanding this. But thanks to you problem solved! God bless you.
You saved my life I am eternally grateful!
30 min and thand you have 3 min vids loving it
you're an absolute beauty josh, thanks
i am so happy to learn this math in this youtube chanal and i want say thank you
Thank you so much 😍
Love from Bangladesh ❤️
It helps a lot 💞💞
Love you long time
YOU DESERVE THE WORLD!!!! You've just summarized an e-book HUHU
Yet another excellent video by Joshua
ua-cam.com/video/o-oQKsJuapY/v-deo.html
made it much easier to understand than my college professor. thank you!
You're welcome 😄
You explained so simply man.... now I am convinced human race originated from africa. love from India
Thank you Joshua! Very comprehensive and straightforward
Simple, lucid & self explanatory
best tutorials ever thank you Joshua!
Thank you sir ☺️☺️ I'm really was satisfied but watching your video and voice is also perfect(not to fast as others, which creates a clear understanding of topic ty)
ua-cam.com/video/o-oQKsJuapY/v-deo.html
Thank you for this video. Can you please explain how you calculated the probabilities?
Thank you for simplifying this concept
Hello Joshua! Thank you so much for taking the time to create this video. Not much quality tutorials available online on this topic.
you literally just helped me out so much thank you!!!!!
This guys a legend best explainer ever
Great, excellent, outstanding, astonishing
Simple but clear, thank you so much for the tutorial!
Thanks man! Super helpful! As well as the first part. Keep it up!
Made it so simple, you're a G!
I think there is an error at 3:04, the calculation for EVwPI is not correct. You should have taken 40 instead of 70
Hmmm...it is correct. You choose the best payoff in each state of nature for EVwPI.
Better than my professor in Suffolk University :))))
this was very much useful. keep your work going on. cheers!
thanks sir. its really helped me... more video like this for better future :) #fromIndonesia
يسطا انت عظيم ♥
Thank you for making these videos! I’m in a masters online program and we are just given a textbook. These videos are helping me immensely.
Welcome
I just love you soooo much!!!!!! this is awesome
Now i can make my homework! Thank you so much for this video! :D
Indeed a 👼 angel for me 😍
your videos are so helpful and make things so clear, thank you! this video especially really helped me
I was stressing thanks for blessing
Simple and straightforward 💗💗💗💗
Great explanation. I would like to know a practical example of the utility of the EVPI please.
Thanks for your clear tutorial! I’d like to ask since in EMV should invest all in bonds, how should we invest in EVPI? Thank you!
EVPI is the value of of perfect information. It is the maximum you should pay for information in general. It is not a decision alternative.
@@joshemman thank you very much! I think I got my answer in your EVSI video!
thank you for making these videos! you make it easy for me to understand my lesson better
Writing in few min and been playing pubg the whole night. You really coming through for me😭😭❤️
Great video! New economists and students of decision theory will benefit from your video! Thank you!
Hi Joshua, thank you so much for your explanation!! It was clear and straight to the point. I wish I can say the same about my textbook .....
Textbooks suck, videos are better :D
Thank you so much, you made my day.
You're welcome!
Brilliantly explained, thank you very much sir
thank you very much indeed. very clear and nice. my professor couldnt make it clear for me.
josh emmanuel. saving lives from 2017.
Thank you very much for your video. But please how do you generate the probabilities of the state of nature
Very helpful, thanks a lot Joshua.
thank you so much for simple and clear explanation
This is clear and easy to understand. Thank you!
Wow you make this look so easy wow
You are the best ❤️✋
Thank you straight to the point as all your videos
thankyou sir i have exam tommorow 😁😁....i like your accent too
Very nicely explained ... Thank you very much..
Joshua, you are a genius. You should find work at my school
Thank you so much, you saved me.!
Thanks for the good tutorial
Nice coverage.
buddy you are doing great things go on
Thank you for this lesson. It will surely help with my homework, however, I am having trouble setting up a similar table for a product (i.e. cheese) that will have a loss if not sold in 1 months time. The demand and probabilities are given. How do I account for predicted losses? I hope my question makes sense.
Thank you so much. Can I ask if the values are cost, will the calculation be the same?
Very useful content!!
Thank you so much 🙏 Be blessed
This was very usefull, thank you!
Very helpful!! Thank you :)
Thank you Joshua, very nice
Hi Josh,
So in this example, is Growing, Stable and Declining the states of nature?
Yes!
+Joshua Emmanuel thank you so much !
Great video very helpful
Awesome 👍👍
do you have an idea for your video about maximax, maximin, minimax and LaPlace, my assignment has a question about them but I can't calculate
^^ i find your video about them
ua-cam.com/video/o-oQKsJuapY/v-deo.html
Great tutorial!
What if the 'Declining' Column contains only negative numbers (e.g -5, -13, -2)? Will the EVwoPI be calculated taking the lowest number still, or the lowest number will be discarded in this case as all her zero (no profits)?
Having all negative values in a column should not affect the process here, unless you're dealing with costs. However, I don't understand what you mean by "taking the lowest number."
@@joshemman i meant 'taking highest value actually. Not lowest'
Really Good Video Thank you