Decision Analysis (Part 1) Tutorial -Introduction, Decision Making under Certainty and Uncertainty

Описание к видео Decision Analysis (Part 1) Tutorial -Introduction, Decision Making under Certainty and Uncertainty

This is the first part tutorial video on the basics of Decision Analysis. In this video, the introduction to Decision Analysis is given together with simple idea of Decision Making under Certainty and five different criteria
for Decision Making under Uncertainty i.e optimistic, pessimistic, Hurwicz, Laplace, and minimax regret approaches were covered with a given example.

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