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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
In her last gymnastics competition Keri scored a 5.6 on the floor exercise, 5.85 on the vault, and 5.90 on the balance beam. What was Keri's total score? Keri's three scores re
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x=±4, if -2 = y =0 x=±2, if -2 = y = 0
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Two circles touch externally. The sum of their areas is 58 π cm 2 and the distance between their centres is 10 cm. Find the radii of the two circles. (Ans:7cm, 3cm) Ans:
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