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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 for I am greater than 30 and less than 40. The sum of my digits is less than 5.
#question when equation of tangent T=0 and why
Show that the product of 3 consecutive positive integers is divisible by 6. Ans: n,n+1,n+2 be three consecutive positive integers We know that n is of the form 3q, 3q +1
A. Design an investigation that details the following six components:
450 students. if there are 50 more boys than girls, how many boys and girls are there?
Q. How organize data by Circle Graphs? Ans. Circle graphs, or pie charts, are another way of organizing data sets into an easy-to-read format. They make it very easy to c
what is prime factorization of 200
(x+y+1)dy/dx=1
An $80.00 coat is marked down 20%. It does not sell, so the shop owner marks it down an additional 15%. What is the new price of the coat? Find out 20 percent of the original p
the first question should be done using the website given (www.desmos.com/calculator )and another good example to explain using the graph ( https://www.desmos.com/calculator/ydimzr
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