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The owner of TMH Hospital wants to open a new facility in a certain area. He usually builds 25-, 50-, or 100-bed facilities, depending on whether anticipated demand is low, medium or high. On the basis of his past experience, the probabilities of low demand, Medium demand and high demand are estimated as 0.1, 0.4and 0.5 and the short-range payoffs in Rs are calculated as follows.
Demand Acts Build 25 bed Build 50 bed Build 100 bed
Low 30,000 -20,000 -40,000Medium 35,000 50,000 -10,000High 40,000 55,000 75,000
1) What would be the best decision?
2) What is the value of Expected Value of Perfect Information?
Partial Derivatives Partial derivatives are used while we want to investigate the effect of one independent variable on dependent variable. For illustration, the revenues of a
mean absolue deviation
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Previously discussed how important it is to expose children to a variety of verbal problems involving the concept that they are trying to learn. Children attach meaning to the abst
OTHER WAYS TO AID LEARNING : Here we shall pay particular attention to the need for repetition, learning from other children, and utilising errors for learning.
statement of gauss thm
Question: Find all third order partial derivatives for the function F(x,y)= log xy+ e (x+y) -x/y.
in a triangle angle a is 70 and angle b is 50 what is angle c.
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