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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
Now we need to move onto something called function notation. Function notation will be utilized heavily throughout most of remaining section and so it is important to understand i
y+7 3y-2 --- = 1 + ---- 3 5
Ut=Uxx+A exp(-bx) u(x,0)=A/b^2(1-exp(-bx)) u(0,t)=0 u(1,t)=-A/b^2 exp(-b)
QR is the tangent to the circle whose centre is P. If QA || RP and AB is the diameter, prove that RB is a tangent to the circle.
Evaluate the subsequent integral. Solution This is an innocent enough looking integral. Though, because infinity is not a real number we cannot just integrate as norm
The two sides of a triangle are 17 cm and 28 cm long, and the length of the median drawn to the third side is equal to 19.5 cm. Find the distance from an endpoint of this median to
Question: Solve the initial value problem 2x'' +x'-x =27 Cos2t +6 Sin 2t, x(0)=2 , x'(0)= -2 by using Laplace transform method.
How to Converting Scientific Notation to Standard Notation ? To change a number in scientific notation to standard notation, move the decimal point the same number of places as
51/6 divided by 31/3
Hypothesis Testing Procedure Whenever a business complaint comes up here is a recommended procedure for conducting a statistical test. The reason of such a test is to establish
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