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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
1+3i/2+3i standard form
a, b,c are in h.p prove that a/b+c-a, b/a+c-b, c/a+b-c are in h.p To prove: (b+c-a)/a; (a+c-b)/b; (a+b-c)/c are in A.P or (b+c)/a; (a+c)/b; (a+b)/c are in A.P or 1/a; 1
what is the changen intemperature bewtween the highest and the lowest temperture high-40c low-0c
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
The following exercises may help you to look more closely at the activities done above. E1) Why did the two dice game become more difficult? E2) Do you find the activities in
find k,is -2 a root of the equation 3x2
what iz the value of x if y=56
Graph f ( x ) = e x and g ( x ) = e - x . Solution There actually isn't a lot to this problem other than ensuring that both of these exponentials are graphed somewhere.
what is skimming pricing?
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