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The Hurwiz method
Hurwiz method was the concept of coefficient of optimism or pessimism introduced by L. Hurwicz. The decision maker takes into account both the minimum and maximum pay off for every alternative and assigns them weights according to his degree of optimism or pessimism. The alternative that maximizes the sum of these weighted payoffs is then chosen
Changing The Base Of The Index For comparison reasons if two series have different base years, this is difficult to compare them directly. In such cases, it is essential to ch
THINKING MATHEMATICALLY : Have you ever thought of what mental processes you are going through when you are solving a mathematical problem? Why don't you try the following proble
a person having rs.10 shares of value rs.6000 in a company which pays a 7% dividend invested the money gained by selling those shares and bought rs.25 shares at rs.24 per share in
Evaluate following integrals. (a) ∫ 3e x + 5 cos x -10 sec 2 x dx (b) ( 23/ (y 2 + 1) + 6 csc y cot y + 9/ y dy Solution (a) ∫ 3e x + 5 cos x -10 sec 2 x
Ask question #Minimum 1Let X be a topological space, let p ? X, and let F and ? be C-valued functions on X that are continuous at p. Then the functions F + ?, F?, |F|, ReF and ImF
Ask question #Minimum 5 to 6 page accepted#
Find out the absolute extrema for the given function and interval. g (t ) = 2t 3 + 3t 2 -12t + 4 on [-4, 2] Solution : All we actually need to do here is follow the pr
In this section we will be searching how to utilize Laplace transforms to solve differential equations. There are various types of transforms out there into the world. Laplace tran
the area of a triangle is 20 and its base is 16. Find the base of a similar triangle whose area is 45. Given is a regular pentagon. Find the measure of angle LHIK.
if two circles O and O''intersect in two points, A and B, the the line segment OO is what?
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