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calculate conditional probabilities & value of information #21

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vnijs opened this issue Jul 31, 2015 · 3 comments
Closed

calculate conditional probabilities & value of information #21

vnijs opened this issue Jul 31, 2015 · 3 comments

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@vnijs
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vnijs commented Jul 31, 2015

One thing I would love to add to the data.tree feature in Radiant is the ability to calculate (conditional) terminal probabilities when they are dependent on, e.g., some type of test or research. You can do the calculations beforehand and then plug-in the correct probabilities of course but a general solution strategy would be really valuable. Have you perhaps seen examples of algorithms (in R) that do this? For an example of that I'm talking about see: http://petrowiki.org/Decision_tree_analysis

@gluc
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gluc commented Aug 19, 2015

The part you are interested in is the Bayesian stuff, right?

@vnijs
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vnijs commented Aug 19, 2015

Correct. It is not hard to calculate for a specific situation. However, I'm wondering if any more general approaches / algorithm exist.

@vnijs
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vnijs commented Sep 4, 2016

The approach mentioned in #26 also allows the calculation of conditional probabilities and the value of information ... although perhaps not as easily as my students might like :)

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