3.4.4 The solution of the DM
You have seen by how to combine experts’ assessments into the DM’s distribution.
But how can we use concretely the distribution to obtain answers to the questions of interest and inform decision makers?
We can do that by relying again on the definition of quantiles. The next video will clarify this process.
Decision Making Under Uncertainty: Introduction to Structured Expert Judgment by TU Delft OpenCourseWare is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Based on a work at https://online-learning.tudelft.nl/courses/decision-making-under-uncertainty-introduction-to-structured-expert-judgment//.