simulation

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September 15, 2020 at 9:43 am #585691
Noah098
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sir can we say that when making a one-off decision, simulation technique should be used? As in it is better than EV for one-off decisions?
September 15, 2020 at 9:47 am #585694
John Moffat
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You can’t really say it is better (and you wouldn’t be asked which is better).

It might be more helpful but it will still only give the probabilities of various outcomes.
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