he Dance Club is planning a retreat and they have one day that does not have any schedule yet. The team determined the following payoff table to help them decide which recreational activity to engage in during their free time. Assume that the payoffs represent the club members' level of enjoyment for each activity under the various weather conditions. Weather Cold (S1) Hot (S2) Rainy (S3) D1: Climb 10 8 6 D2: Hike 14 15 2 D3: Swim 7 8 9
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
The Dance Club is planning a retreat and they have one day that does not have any schedule yet. The team determined the following payoff table to help them decide which recreational activity to engage in during their free time. Assume that the payoffs represent the club members' level of enjoyment for each activity under the various weather conditions.
|
Weather |
|||
|
Cold (S1) |
Hot (S2) |
Rainy (S3) |
|
|
D1: Climb |
10 |
8 |
6 |
|
D2: Hike |
14 |
15 |
2 |
|
D3: Swim |
7 |
8 |
9 |
The group checked the weather forecast and the probabilities of hot and rainy weather are the same at 0.4. What decision should the group make if they choose to minimize their maximum regret?
- Climb
- Hike
- Swim
- Cannot be determined.
- Any of the activities work.
- None of these activities.
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