Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
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
Find all the eighth roots of (19 + 7 i)
three complain forces of magnitudes 20N 30N and 45N
Twins Olivia and Chelsea and their friend Rylee were celebrating their fourteenth birthdays with a party at the beach. The first fun activity was water games. As Nicole arrived, sh
Company A and Company B have spent a lot of money on research to develop a cure for the common cold. Winter is approaching and there is certainly going to be a lot of demand for th
S-aSa;S-bSb;S-c construct an CFG
ABC is a right-angled isosceles triangle, right-angled at B. AP, the bisector of ∠BAC, intersects BC at P. Prove that AC 2 = AP 2 + 2(1+√2)BP 2 Ans: AC = √2AB (Sinc
The distribution of sample means is not always a normal distribution. Under what circumstances is the distribution of sample means not normal?
Kim is a medical supplies salesperson. Each month she receives a 5% commission on all her sales of medical supplies up to $20,000 and 8.5% on her total sales over $20,000. Her tota
every rational nmber is expressible either as a_________or as a____________decimal.
HOW MATHEMATICAL IDEAS GROW : In this section we shall consider three aspects of the nature of mathematical ideas, namely, that they progress from concrete to abstract, from part
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd