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Decision making under uncertainty Various methods are used to make decision in circumstances whereas only the pay offs are identified and the likelihood of every state of natur
what are the dimensions of the box that can be made if squares of x cm by x cm is cut off from 20cm by 20cm square paper
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The 5% sales tax on a basket was $0.70. What was the price of the basket? Use a proportion to solve the problem; part/whole = %/100. The whole is the price of the basket (wh
Characteristics of Exponential Smoothing 1. More weight is described to the most recent data. 2. All past data are incorporated not like in moving averages. 3. Les
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Expected opportunity loss or EOL method EOL method is aimed at minimizing the expected opportunity loss or OEL. The decision maker chooses the strategy along with the minimum e
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Show that 571 is a prime number. Ans: Let x=571⇒√x=√571 Now 571 lies between the perfect squares of (23)2 and (24)2 Prime numbers less than 24 are 2,3,5,7,11,13,17,1
1. Consider the trigonometric function f(t) = (a) What is the amplitude of f(t)? (b) What is the period of f(t)? (c) What are the maximum and minimum values attained by
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