Organizations spend billions of dollars each year gathering and analyzing data. Is it worth it? Does more information always improve decision making? Can we place a value on something as abstract as information?
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n this webinar, our speakers explore the concept of the value of information (VOI) using the framework of decision quality. We define “perfect” and imperfect information and demonstrate how to calculate the value of each. We illustrate how to apply this concept and integrate it into your own decision making.
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