How to calculate the expected value of sample information (evsi )<br>Calculate the expected monetary value (emv) of each alternative action. Note which is the emv * (greatest value). Determine the likelihood probabilities.
The expected monetary value's formula is used worldwide.
( z1 use :ARG1 ( z2 formula :poss ( z3 value :mod ( z4 money ) :ARG1-of ( z5 expect ) ) ) :location ( z6 worldwide ) )