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decision  

Statistical Decision Analysis
View on CRAN: Click here


Download and install decision package within the R console
Install from CRAN:
install.packages("decision")

Install from Github:
library("remotes")
install_github("cran/decision")

Install by package version:
library("remotes")
install_version("decision", "0.1.0")



Attach the package and use:
library("decision")
Maintained by
Partha Sarathi Bishnu
[Scholar Profile | Author Map]
All associated links for this package
First Published: 2016-04-05
Latest Update: 2016-04-05
Description:
Contains a function called dmur() which accepts four parameters like possible values, probabilities of the values, selling cost and preparation cost. The dmur() function generates various numeric decision parameters like MEMV (Maximum (optimum) expected monitory value), best choice, EPPI (Expected profit with perfect information), EVPI (Expected value of the perfect information), EOL (Expected opportunity loss), which facilitate effective decision-making.
How to cite:
Partha Sarathi Bishnu (2016). decision: Statistical Decision Analysis. R package version 0.1.0, https://cran.r-project.org/web/packages/decision. Accessed 06 Jun. 2026.
Previous versions and publish date:
No previous versions
Other packages that cited decision R package
View decision citation profile
Other R packages that decision depends, imports, suggests or enhances
Complete documentation for decision
Functions, R codes and Examples using the decision R package
Some associated functions: dmur . 
Some associated R codes: dmur.R .  Full decision package functions and examples
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