# Evaluating the Expected Value of Sample Information

Instructions:

question 1 of 3

### The _____ is always a hypothetical number.

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 75,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free for 30 days. Cancel anytime.

### 2. What is the purpose of EVPI and EVSI?

Create your account to access this entire worksheet
Quizzes, practice exams & worksheets
Certificate of Completion
Create an account to get started

The expected value of sample information can help guide a scientific study or research. This pair of practice assessments will help check your comprehension of the expected value of sample information and how it can be applied. The quiz will ask questions about what can be learned from the expected value of sample information.

## Quiz & Worksheet Goals

These practice assessments will quiz you on:

• Definition of the expected value of sample information
• Importance of knowing the expected value of sample information
• Mathematic formula for calculating the expected value of sample information
• Origination of expected value with and without sample information
• Incorrect assumptions made without knowing the expected value of sample information

## Skills Practiced

• Reading comprehension - ascertain if you understood the main focal points of the related expected value of sample information lesson
• Information recall - access the information you've learned about the mathematic formula and applications of the expected value of sample information
• Knowledge application - employ your knowledge to answer questions about the definition and origins of the expected value of sample information