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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
Define Cofactor of an Element.
Estimation of population proportions This form of estimation applies at the times while information cannot be described as a mean or as a measure but only as a percentage or fr
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1/8 of the passengers of a train were children.If there were 40 children travelling in the train on a certain day,how many adults were there in that train that day?
1.find lim sup Ek and liminf Ek of Ek=[(-(1/k),1] for k odd and liminf Ek=[(-1,(1/k)] for k even. 2.Show that the set E = {x in R^2 : x1, x2 in Q} is dense in R^2. 3.let r>0 an
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Standardization of Variables - Before we use the general distribution curve to determine probabilities of the continuous variables, we require standardizing the original units
Coefficient of Correlation Denoted There are two methods which measure the degree of correlation among two variables these are denoted by R and r. (a) Coefficient of correl
steps to draw direction or slope fields
what is the difference between North America''s part of the total population and Africa''s part
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