the following table gives place under different states of nature

Strategies States of nature
s1 s2 s3

A 10000 3000 2000
B 20000 25000 -15000
C 30000 18000 -50000

find the decision under hurwitz criterion

Posted Date: 12/19/2012 6:07:19 AM | Location : USA

Ask an Expert

Related Discussions:- decision theory, Assignment Help, Ask Question on decision theory, Get Answer, Expert's Help, decision theory Discussions

Write discussion on decision theory
Your posts are moderated

Write your message here..

Related Questions

Simplex method, Solve the following Linear Programming Problem using Simple... Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Simple graph-correlation and regression analysis, Simple Graph The val... Simple Graph The values of the two variables are plotted on a graph paper. We get two curves one for x variables and another for y  variables. These  two curves reveal the dir

Reference books - classification of documents, Reference Books: Defini... Reference Books: Definition According to William  Katz (1969) a Reference book generally has the following qualities:  It is a miscellany of information organised for quick

Process design, what is process design? what are the factors that affects t... what is process design? what are the factors that affects the process design?

Simplex, Maximize Z = 2x - 7y subject -2x + 3y = 3 4x + 5y >= 10 6x + 7y 4... Maximize Z = 2x - 7y subject -2x + 3y = 3 4x + 5y >= 10 6x + 7y 4x + 8y >= 5

Classification of models, what are the classifications of operations resea... what are the classifications of operations research?

Using software for analysis grouping, Using   Software for Analysis Group... Using   Software for Analysis Grouping and Displaying Data   to Convey Meaning Normal 0 false false false EN-IN X-NONE X-NONE

Significance and scpope of o.r, significance and scope of operation resarch... significance and scope of operation resarch in morden management?

Components of the product, The manufacturer of the product is finding that,... The manufacturer of the product is finding that, in order to stay competitive, a number of things need to happen: Components of the product need to be made from more sustaina

Competitive models, These models have been developed to establish a trade ... These models have been developed to establish a trade off between costs of providing and the waiting time of a customer in the queuing system. Constructing a model entails desc