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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 10+10
If the normal to y=f(x) makes an angle of pie/4 with y-axis at (1,1) , then f''(x) is eqivalent to? Ans) The normal makes an angle 135 degree with the x axis. also f ''(1)
x=-3(y-2)^2+4
Easy Rider taxi service charges a pick-up fee of $2 and $1.25 for each mile. Luxury Limo taxi service charges a pick-up fee of $3.25 and $1 per mile. How many miles required to be
Please, I want to know and study "stability 0n predictor -corrector method .My gmail is [email protected] heap and kind to me .Thanks for this.
THE MULTIPLICATION ALGORITHM : Some Class 3 children in a nearby school had been taught the standard multiplication. Algorithm, and had even done reasonably well in the tests bas
How do you find the maxima or minima on a parabolic graph?
Project part A, part B, part C
im having trouble with this problem: 6tons 1500lb/5
A dealer sells a toy for Rs.24 and gains as much percent as the cost price of the toy. Find the cost price of the toy. Ans: Let the C.P be x ∴Gain = x % ⇒ Gain = x
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