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Decision Trees And Sub Sequential Decisions
A decision tree is a graphic diagram of different decision alternatives and the sequence of events like if they were branches of a tree.
- The symbol Circle and Rectangle shows the decision point and the situation of uncertainty or event respectively. The node depicted by a square is a decision node when outcome nodes are depicted by a circle.
- Decision nodes: points whereas choices exist between managerial and alternatives decisions are made based on estimates and calculations of the returns expected.
- Outcome nodes are points whereas the events depend on probabilities
Demonstration of a tree diagram
For illustration 111 represents the payoff of the act event combination A1 - E1 - B1
When probabilities of different events are known they are written along the corresponding branches. Joint probabilities are acquired by multiplying the probabilities along the branches
Solve 2 ln (√x) - ln (1 - x ) = 2 . Solution: Firstly get the two logarithms combined in a single logarithm. 2 ln (√x) - ln (x - l) = 2 ln ((√x) 2 ) ln (1 - x ) = 2
A sinking ship signals to the shore for assistance. Three individuals spot the signal from shore. The ?rst individual is directly perpendicular to the sinking ship and 20 meters in
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Mount Everest is 29,028 ft high. Mount Kilimanjaro is 19,340 ft high. How much taller is Mount Everest? Subtract Mt. Kilimanjaro's height from Mt. Everest's height; 29,028 - 19
Theory of Meta-games This theory shows to describe how most people play non zero sum games concerning a number of persons Prisoner's dilemma is an illustration of this. The
A sell a watch to B at gain of 20% and B sell to C at loss of 10%. if C pays @ 432, how much did A pays for it.
compare: 643,251: 633,512: 633,893. The answer is 633,512.
Basic indefinite integrals The first integral which we'll look at is the integral of a power of x. ∫x n dx = (x n +1 / n + 1)+ c, n
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What are some of the interestingmodern developments in cruise control systems that contrast with comparatively basic old systems
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