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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
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I need help with my calculus work
Verify Liouville''''s formula for y "-y" - y'''' + y = 0 in (0, 1) ?
3x2+5x-2
INTRODUCTION : When a child of seven isn't able to solve the sum 23+9, what could the reasons be? When she is asked to subtract 9 from 16, why does she write 9 - 16 = 13 ?
John has a choice of using one of two parking garages when he visits downtown: Option1: $8 an hour for the first two hours, then $2 and hour for each hour more than 2; or Op
Q. Determine Z-scores and Percentiles? Ans. Z-scores help measure how far a piece of data is from the mean. More specifically, Z-scores tell how far a piece of data is fr
What is a set? Explain various methods to represent a set in set theory. Define the following with the help of suitable examples. (i) Singleton Set
Assume Jim had executed 15 "Splits" before his last split of 20 seconds. If his eventual time in the road race is 4:05, what was the average time for one of his earlier splits?
Proof of Alternating Series Test With no loss of generality we can assume that the series begins at n =1. If not we could change the proof below to meet the new starting place
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