Name: Unit 9: Value of Information, Video 2: Value of Test
Uploaded: 2022-09-28T20:07:31Z
Duration: 6 min 23 s
Description: The value of a test, as of any action in world of uncertainty, is an expected value. It is the positive value the new information provides decision-makers by enabling them to make a better choice.

6:23

The value of a test, as of any action in world of uncertainty, is an expected value. It is the positive value the new information provides decision-makers by enabling them to make a better choice.