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MAXIMAX method
Maximax method is based upon 'extreme optimism' the decision maker chooses that particular strategy which corresponds to the maximum of the maximum pay off for every strategy
Illustration
By using the above illustration:
Max. profits row maxima
Product A
+8
Product B
+12
Product C
+16
Ranking by using the MAXIMAX method = CBA
Find out the roots of the subsequent pure quadratic equation: Find out the roots of the subsequent pure quadratic equation. 4x 2 - 100 = 0 Solution: Using Equation
I need help in assignment of stats? Please give me assist in my stats exam.
DEVELOPING AN UNDERSTANDING : The other day I was showing the children's book '203 Cats' to my 7-year-old niece. She had recently learnt how to write large numerals in her school
Case 1: Suppose we have two terms 7ab and 3ab. When we multiply these two terms, we get 7ab x 3ab = (7 x 3) a 1 + 1 . b 1 + 1 ( Therefore, x m . x n = x m +
discuss the infinite series
how many mg are there in g?
why this kolavari di?
darien agrees to sponsor her sister $8 plus $1 for every mile she walks.Write an expression to show her total money
1+3+5+7+9+11+13+15+17+19
Systematic Sampling Systematic sampling is a part of simple random sampling in descending or ascending orders. In systematic sampling a sample is drawn according to some predet
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