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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
Every point (x,y) on the curve y=log2 3x is transferred to a new point by the following translation (x',y')=(x+m,y+n), where m and n are integers. The set of (x',y') form the curve
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tens digit of a 2-digit number is twice its unit digit. If the sum of the digit is 12, find the number.
All the number sets we have seen above put together comprise the real numbers. Real numbers are also inadequate in the sense that it does not include a quantity which i
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a doctor sees 3 boys to 5 girls in one week . If he sees 40 boys in one day then how many girls does he see that day
Sir before I applied for online assignment help job and the selection process is not complete for me. You sent me problem assignment before.But those problems were not completed.Ca
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