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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
The length of Kara's rectangular patio can be expressed as 2x - 1 and the width can be expressed as x + 6. In the terms of x, what is the area of her patio? Since the area of a
Q. How many permutations can you make of the word STATISTICS? Solution: There are 10 letters in the word STATISTICS, i.e. n=10. Three of them are S's, so n 1 =3, three are T'
4into 5 is;
The sum of the digit number is 7. If the digits are reversed , the number formed is less than the original number. find the number
-9+f ?-1 ?? (a-1)=-12 f(-3)=2
The next special form of the line which we have to look at is the point-slope form of the line. This form is extremely useful for writing the equation of any line. If we know that
5.6:4=x:140
Q. How to Convert decimals to fractions? Ans. Note: This tutorial covers only terminating decimals.
What are Natural Numbers and Whole Numbers? Natural numbers are the numbers that you "naturally" use for counting: 1, 2, 3, 4, ... The set of whole numbers is the set of
who ,why and when discovered unitary method
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