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Calculating The Value of Information

Weigh the Costs and Rewards of Information

Learn how to calculate the value of information to make informed business decisions.

Navigating business decisions in an uncertain world requires knowing when and how much to invest in gathering information. This video provides you with the essential tools to quantify the economic worth of data, ensuring you invest wisely and avoid costly analysis paralysis.

Make Smarter Business Decisions: Learn how expected values can help assess risk and guide investment choices.
Bayesian Logic in Action: Leverage Bayes' theorem to refine probabilities and enhance strategic planning.
Utilize Decision Trees for Clarity: Navigate complex product rollouts with a structured, logical approach to uncertainty.
Maximize Profitability with Probability: Understand how probability calculations influence financial outcomes.

This video comes from my Calculating the Value of Information Course

CPAs: Want to get CPE credit for videos and courses like this? Check out my CPE page.

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