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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
how to remove wild points in a data set...
If the M-th term of an Ap is n andn-th term M.find the p-th term
100+5000
the 10 miles assigned to the chess club start at the 10 mile point and go to the 20 mile point when the chess club members have cleaned 5/8 of their 10 mile section between which m
One of the well-known class of models that involve a simple difference equation are models of mean reversion. These models typically take the form yt+1 - yt = -a(yt - μ)where 0
transportation problem project
A chemist mixed a solution which was 34% acid with another solution that was 18% acid to generate a 30-ounce solution which was 28% acid. How much of the 34% acid solution did he u
How do I convert metric units?
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Arc length Formula L = ∫ ds Where ds √ (1+ (dy/dx) 2 ) dx if y = f(x), a x b ds √ (1+ (dx/dy) 2 ) dy
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