Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Decision Theory
Decisions
There are many types of decision making
1. Decision making under uncertainty
It refer to situations where more than one outcome can result from any single decision
2. Decision making under certainty
Whenever there exists only one outcome for a decision we are dealing along with this category for example linear programming, transportation sequencing and assignment and so on.
3. Decision making by using prior data
This occurs whenever it is possible to employ past experience or prior data to develop probabilities for the happened of each data
4. Decision making with no prior data
No past experience exists that can be utilized to derive outcome probabilities in this case the decision maker uses her or his subjective estimates of probabilities for different outcomes
A juicer is available for 3500 cash but was sold under installment plan where the purchaser agreed to pay 1500 cash down and 3 equal quarterly installments. If the dealer charges i
help me with how to write sample of proportion using visual basic
what is the expiremental probability that the next toss and spin will result in 3 and tail if 1-heads,53.2-heads,49.3-heads,54.1-tail,65.2-tails,71.3-tails,62
A 20-foot light post shows a shadow 25 feet long. At the similar time, a building nearby casts a shadow 50 feet long. determine the height of building? a. 40 ft b. 62.5 ft
Newton's Second Law of motion, which recall from the earlier section that can be written as: m(dv/dt) = F (t,v) Here F(t,v) is the sum of forces which act on the object and m
Brian is a real estate agent. He forms a 2.5% commission on each sale. During the month of June he sold three houses. The houses sold for $153,000, $299,000, and $121,000. What was
If the p th term of an AP is q and the q th term is p. P.T its n th term is (p+q-n). Ans: APQ a p = q a q = p a n = ? a + (p-1) d = q a + (q-1) d = p
A circle touches the side BC of a triangle ABC at P and touches AB and AC when produced at Q and R. Show that AQ= 1/2 (perimeter of triangle ABC) Ans: Since the length o
Prove that the parallelogram circumscribing a circle is rhombus. Ans Given : ABCD is a parallelogram circumscribing a circle. To prove : - ABCD is a rhombus or AB
There are only Chinese and Malay pupils in a hall.The ratio of the number of boys to the number of girls is 2:3.The ratio of the number of Chinese boys to the number of Malay boys
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd