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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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Q. Define Multiplication Rule in probability? Ans. A family has two girls, Ann and Barb, and three boys, Carl, David and Earl, in it. In how many ways can the mother pick
Differentiate following functions. (a) f ( x ) = 15x 100 - 3x 12 + 5x - 46 (b) h ( x ) = x π - x √2 Solution (a) f ( x ) = 15x 100 - 3x 12 + 5x - 46 I
g/6-2+(9/9)
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How can I solve the in-equations? Assist me.
John is planning to buy an irregularly shaped plot of land. Referring to the diagram, determine the total area of the land. a. 6,400 m 2 b. 5,200 m 2 c. 4,500 m 2 d.
can you help me? cause im in 7th grade advanced math and tomorrow I have a test tomorrow and I don''t get this
Find the Regular Grammar for the following Regular Expression: a(a+b)*(ab*+ba*)b.
What is Chain Based Index Numbers? A chain based index is one whereas the index is calculated every year by using the previous year as the base year. This kind of index measur
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