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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
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Review: Systems of Equations - The traditional initial point for a linear algebra class. We will utilize linear algebra techniques to solve a system of equations. Review: Matr
There isn't actually a whole lot to this section this is mainly here thus we can get several basic concepts and definitions out of the way. Most of the concepts and definitions in
Case 1: Suppose we are given expressions like 3abc and 7abc and asked to compute their sum. If this is the case we should not worry much. Because adding like exp
if A be the area of a right triangle and b be one of the sides containing the right angle, prove that the length of the altitude on the hypotenuse is 2Ab/rootb^4+4A^2
MATH
find the normalised differential of the following {1,x,x^3}
there are
a triangle with side lengths in the ratio 3:4:5 is inscribed in a circle of radius 3.what is the area of the triangle.
The following exercises may help you to look more closely at the activities done above. E1) Why did the two dice game become more difficult? E2) Do you find the activities in
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