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Game Theory
It is used to find out the optimum strategy in a competitive condition,While two or more competitors are engaged in making decisions, this may occupy conflict of interest. In that a case the outcome depends not only upon an individual's action although also upon the action of others. Both competing sides face a same problem. Thus game theory is a science of conflict
Game theory does not concern itself along with finding an optimum strategy however it helps to improve the decision process.Game theory has been utilized in business and industry to develop bidding tactics, advertising strategies, pricing policies, and timing of the introduction of new models in the market and so on.
Advantages of decision trees 1. This clearly brings out implicit calculations and assumptions for all to see question and revise 2. This is simple to understand Disadvan
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Concrete to Abstract : Mathematics, like all human knowledge, grows out of our concrete experiences. Let us take the example of three-dimensional shapes. Think about how you came
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Find the sum of all 3 digit numbers which leave remainder 3 when divided by 5. Ans: 103, 108..........998 a + (n-1)d = 998
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1000000 divided by 19
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