Homework Help is Here – Start Your Trial Now!
Math
Statistics
Consider a decision problem having environmental states X = {x1,x2, X3} with P(X = #1) = 0.21, P(X=x2)= 0.43 and P(X = x3) = 0.36. ppose survey information is available for this decision problem in the form of a survey variable = {81, 82, 83} for which historical data suggests that

Consider a decision problem having environmental states X = {x1,x2, X3} with P(X = #1) = 0.21, P(X=x2)= 0.43 and P(X = x3) = 0.36. ppose survey information is available for this decision problem in the form of a survey variable = {81, 82, 83} for which historical data suggests that

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question

Just 2 please

2 Consider a decision problem having environmental states X = {r1, #2, X3} with P(X = a1) = 0.21, P(X=x2) = 0.43 and P(X = x3) = 0.36. Suppose survey information is available for this decision problem in the form of a survey variable S = {s1, 82, $3} for which historical data suggests that Environment X P(S|X) S1 0.40 0.34 0.27 Survey S 82 0.26 0.35 0.32 83 0.34 0.31 0.41 Given this survey information, determine all of the probabilities required to incorporate this survey information into a decision tree. Give your answers rounded to 4 decimal places.
Transcribed Image Text:2 Consider a decision problem having environmental states X = {r1, #2, X3} with P(X = a1) = 0.21, P(X=x2) = 0.43 and P(X = x3) = 0.36. Suppose survey information is available for this decision problem in the form of a survey variable S = {s1, 82, $3} for which historical data suggests that Environment X P(S|X) S1 0.40 0.34 0.27 Survey S 82 0.26 0.35 0.32 83 0.34 0.31 0.41 Given this survey information, determine all of the probabilities required to incorporate this survey information into a decision tree. Give your answers rounded to 4 decimal places.
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS