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The Outfit and Infit MNSQ statistics have an expected value of unity when the data meet the model's expectation [ 29].
When the data fit the model's expectations, the infit and outfit mean square error (MNSQ) statistics had an expected value of unity on the items.
Working these values gives an expected value of $100,425.
Multiply 0.8 times 1 for an expected value of 0.8.
That compares with an expected value of about $5bn for smartphone-based retail payments in the US this year.
Then land would yield 120 in the good state, 30 in the bad, for an expected value of 60.
Sensor selection scheme is formulated as an Expected Value of Sample Information (EVSI) problem in the sequential Bayesian framework.
But far more threatening is Germany's giant Zalando – coming to the Frankfurt market next month with an expected value of €5bn.
Todd calculated that the imperfect CRM information combined with a $100 retention program that saved only 50% of vulnerable customers created an expected value of just $774,000.
Multiply 0.2 times 10 points for an expected value of 2. That's higher than U.C.L.A.'s 0.8, so Princeton is the pick.
SURF AND TURF These are almost exactly the odds of roulette, and it's not a good buy (1/38 chance at $208 is an expected value of $5.47).
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