Exploring Decision Analysis 1

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For an example where payoffs are costs please see: https://youtu.be/ajkXzvVegBk ~~~~~~~~~~~ The objective is to understand type I and type II errors and the misleading use of hindsight to evaluate mortgage Okay the next uh next item on our agenda is to uh talk about The objective is to understand type I and type II errors and the misleading use of hindsight to evaluate mortgage

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