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Decision Theory
Decisions
There are many types of decision making
1. Decision making under uncertainty
It refer to situations where more than one outcome can result from any single decision
2. Decision making under certainty
Whenever there exists only one outcome for a decision we are dealing along with this category for example linear programming, transportation sequencing and assignment and so on.
3. Decision making by using prior data
This occurs whenever it is possible to employ past experience or prior data to develop probabilities for the happened of each data
4. Decision making with no prior data
No past experience exists that can be utilized to derive outcome probabilities in this case the decision maker uses her or his subjective estimates of probabilities for different outcomes
what is the difference between North America''s part of the total population and Africa''s part
Find the 35th term of the sequence in which a1 = -10 and the common difference is 4.
Work : It is the last application of integral which we'll be looking at under this course. In this section we'll be looking at the amount of work which is done through a forc
a, b,c are in h.p prove that a/b+c-a, b/a+c-b, c/a+b-c are in h.p To prove: (b+c-a)/a; (a+c-b)/b; (a+b-c)/c are in A.P or (b+c)/a; (a+c)/b; (a+b)/c are in A.P or 1/a; 1
Total Contribution per Year for next 10yeras =$1000+$800 =$1800 So Total Future fund Vaule =$1800*(1+1.073+power(1.073,2)+ power(1.073,2)+ power(1.073,3)+ power(1.073,4)+ power
How do they work?
All things considered, in a sense of ethnicity (a sense of identification with and loyalty to one's group) good or bad? is it harmful or helpful? What would be lost if Americans lo
Word Problems Involving Money: The promoter of a track meet engages a 6,000 seat armory. He needs to gross $15,000. The price of children's tickets is to be one-half the pric
find the equation to the sphere through the circle xsqaure+ysquare+zsquare+=9 , 2x+3y+4z=5
is that formula of sample and population for mean deviation is the same?
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