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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
Comparison - the difference between two groups or numbers, namely, how much one is greater than the other, how much more is in one group than in the other. (e.g., if Munna has
Raul has 56 bouncy balls. He puts three times as many balls into red gift bags as he puts into green gift bags. If he puts the same number of balls in each bag, how many balls does
Can you explain that a wave through the origin always has a slope of one or not?
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f(x)+f(x+1/2) =1 f(x)=1-f(x+1/2) 0∫2f(x)dx=0∫21-f(x+1/2)dx 0∫2f(x)dx=2-0∫2f(x+1/2)dx take (x+1/2)=v dx=dv 0∫2f(v)dv=2-0∫2f(v)dv 2(0∫2f(v)dv)=2 0∫2f(v)dv=1 0∫2f(x)dx=1
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If a^n+1 + b^n+1/a^n + b^n is the arithmetic mean of a and b then find n. Answer:Arithmatic mean of a,b is =(a+b)/2 from the problem (a+b)/2=(a^n+1 +b ^n+1)/(a^n+b^n) then (a+
The value of y that minimizes the sum of the two distances from (3,5) to (1,y) and from (1,y) to (4,9) can be written as a/b where a and b are coprime positive integers. Find a+b.
I need help finding a answer of my kids homework because I have no clue.. can you please help me
HOW CAN WE TAKE SUPPOSE THE VALUES OF X AND Y
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