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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
In a triangle ABC, D &E is a are points on AB & AC ,if the one side of a triangle is 4cm & another side is 5 cm find that the ar(triangleABC):ar(BCDE)
Determine whether each equation is a linear equation. If yes, write the equation in standard form. y=2x+5
what is 24 diveded by 3
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solving
The product on multiplying - 4bc with 2a is - 8abc. That is, a term with minus sign multiplied with a term having a positive term gives a product which has a minus sign. On the
conclusion for the shares nd dividends
Two angles are supplementary. The evaluate of one is 30 more than twice the measure of the other. Determine the measure of the larger angle. a. 130° b. 20° c. 50° d. 70
Two tangents PA and PB are drawn to the circle with center O, such that ∠APB=120 o . Prove that OP=2AP. Ans: Given : - ∠APB = 120o Construction : -Join OP To prove : -
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