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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 answer of 6_5x9_4x3(1_2)
application
two circle of radius of 2cm &3cm &diameter of 8cm dram common tangent
i want detail information in advance with question and answers.
find s10 for the arithmetic sequenxe inwhich a1=5 and a10=68
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the sides of triangleare inthe ratio 2;3;4 if the perimeter is 72 cm. find its side.
whats nine plus 10
a man can row a bangka at a rate of 5 km/h in still water. It takes 10 minutes longer to row upstream a distance of 2km than he takes to row downstream. What is the rate of the cur
intigration techiniqes
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