Decision Analysis 1

Name: Decision Analysis 1
Uploaded: 2008-05-30T22:43:32+00:00
Channel: Jeffrey E. Teich's POMSCM
Description: We go over some non-probabilistic decision rules. Maxi-max, MaxiMin, and Mini-Max (regret). We figure the regret matrix, or opportunity loss matrix.

40.9K views · 18 years ago · 5:43

Jeffrey E. Teich's POMSCM

Educational creator

May 30, 2008 · 40.9K views

We go over some non-probabilistic decision rules. Maxi-max, MaxiMin, and Mini-Max (regret). We figure the regret matrix, or opportunity loss matrix.