0.2 0.8 Success 0.7 0.1 0.2 0.2 0.2 0.6 Forecast Invest Success 10000 -5000 500 500 This GeNIe tutorial network demonstrates both value of information and informational arcs in influence diagrams.\nThe decision model captures a business decision concerning investment of a sum of money into an uncertain business venture.\n\nReference:\nBayesFusion, LLC Success of the venture 174 90 284 149 This variable describes uncertainty related to the success of a widget manufacturing plant. Quantification of the uncertainty is obtained from market statistics for widget producing ventures. We simplified the variable somewhat by assuming that it can take only two values: success or failure. Expert forecast 105 16 194 70 The information captured in this variable comes from T.J. Jones Company, Professional Consultants. Investment decision 25 97 106 141 The decision is whether to invest $5,000 in a startup company. The options are to invest or not to invest. In the latter case, the money will be deposited risk-free in a bank. Financial Gain 96 164 203 209 This node specifies the total financial gain resulting from the investment decision. Please note that the original investment amount is not included in the gain. This GeNIe tutorial network demonstrates both value of information and informational arcs in influence diagrams.\nThe decision model captures a business decision concerning investment of a sum of money into an uncertain business venture. 329 20 549 210 To compute the value of information of the expert forecast first delete the informational arc from Forecast to Invest. 27 248 466 286