Posted: January 21st, 2015

•Payoff table, chance events •Conservative, optimistic, and minimax regret approaches to decision making •Decision making with probabilities, and the expected value approach

homework #1

Order Description

Homework #1 will require that you read outside of the textbook on the following concepts:

•Payoff table, chance events
•Conservative, optimistic, and minimax regret approaches to decision making
•Decision making with probabilities, and the expected value approach

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