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AppletEOL applet (Expected Opportunity Loss)
SourceUniv. of Saskatchewan, Dept. of Computer Science, Estimation and Forecasting Tutorials
DescriptionFor a specific decision problem (building a large or small plant), computes and shows step-by-step calculations for Expected Opportunity Losses and minimum EOL based on user-entered payoffs and probabilities or default values.
Linkhttp://www.cs.usask.ca/content/resources/csconcepts/1999_6/Tutorial/Estimation/eol/index.html
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KeywordsDecision analysis, Opportunity loss
Visit Count   155330

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