Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Decision making under uncertainty
Various methods are used to make decision in circumstances whereas only the pay offs are identified and the likelihood of every state of nature are identified
a) Maximin Method
This criterion is based upon the "conservative approach' to suppose that the worst possible is going to occur. The decision maker considers every strategy and locates the minimum pay off for each and then selects that alternative that maximizes the minimum payoff
Demonstration
Rank the products A, B and C applying the Maximin rule b using the given payoff table showing potential losses and profits which are expected to arise from launching these three products in three market situation
Pay off table in £ 000's
Boom condition
Steady state
Recession
Mini profits row minima
Product A
+8
1
-10
Product B
-2
+6
+12
Product C
+16
0
-26
In above table
Ranking the MAXIMIN rule = BAC
find all the 8th roots of (19+7i)
Squeeze Theorem (Sandwich Theorem and the Pinching Theorem) Assume that for all x on [a, b] (except possibly at x = c ) we have, f ( x )≤ h (
Prove that sec 2 θ+cosec 2 θ can never be less than 2. Ans: S.T Sec 2 θ + Cosec 2 θ can never be less than 2. If possible let it be less than 2. 1 + Tan 2 θ + 1 + Cot
what is the differeance in between determinate and matrix .
in a veggie mix the ratio of cups of carrots to cups of broccolie is 4 to 5 if you made this party mix larger how many cups of carrots would be needed to mix with fo cups of brocco
i don''t understand how
Find out the average temperature: Example: Find out the average temperature if the subsequent values were recorded: 600°F, 596°F, 597°F, 603°F Solution: Step
How do you find the area of a circle given the diameter?
students dont retain the topic, hoe to make it easier?
This question is in the form of an exercise and questions designed to give you more insight into signal processing. On the Moodle site for the module there is an EXCEL file called
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd