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MINIMAX regret method Minimax method assumes that the decision maker will experience 'regret' after he has made the decision and the events have happened. The decision maker ch
if area of a rectangle is 27 sqmtr and it perimeter is 24 m find the length and breath#
1) A survey was done where a random sample of people 18 and over were asked if they preferred comedies, dramas, or neither. The information gathered was broken down by age group an
Exponential smoothing It is a weighted moving average technique, this is described by: New forecast = Old forecast + a (Latest Observation - Old forecast) Whereas a = Sm
Exercise 12c question number 24
HOW CAN WE TAKE SUPPOSE THE VALUES OF X AND Y
solve the equation 540+115 using the NOWA method
DECISION THEORY People constantly make decisions in their private lives as well as in their work. Some decisions are qualitative in terms of their implications and signi
Derivative and Differentiation The process of acquiring the derivative of a function or slope or gradient is referred to as differentiation or derivation. The derivative is de
9*9
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