Busıness Decısıon Models (ENG)
Ünite Sınavı Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1
What indicates that one of a finite number of states of nature is expected to occur at that point in the process in decision tree?
- 2
Which of the following is false regarding Bayes' theorem?
- 3
How are decision situations in which the chance of occurrence of each state of nature is known or can be estimated defined?
- 4
States of Nature
S1(0.2) S2(0.3) S3(0.5)
A1 50 110 30
A2 90 40 50
A3 70 100 10
What is the lowest loss value of the TL gain strategy table above according to the maximum probability criterion ?
- 5Which of these approaches implies that the decision maker should ignore all possible events except the one most likely to occur, and should select the best possible result in the given circumstances?
- 6
Bayes’ theorem provides a way for _____ prior probabilities with probabilities obtained by other sources; revised or posterior probabilities.
Which of the following best fills the blank above?
- 7
Which of the following is true about maximum probability criterion?
- 8
What refers to the consequence resulting from a specific combination of a decision alternative and a state of nature in a decision tree?
- 9
Which of the following is an element of the decision tree that indicates that one of a finite number of states of nature is expected to occur at this point in the process?
- 10
The probability multiplication in the denominator of Bayes' rule equality is called:
- 11
Decision making under risk is also known as:
- 12
For a TL cost strategy table the lowest expected value is 625 and the expected value with perfect information is 575. What is the expected value of perfect information ?
- 13
What is the range of the probability values?
- 14
Which of the following values can we see in a decision node in a decision tree?
- 15
I. Expected Monetary Value
II. Expected Opportunity Loss
III. Maximum Certainty
IV. Maximum Probability
Which of the criterions above are among decision theory criterions?
- 16
I. Branches
II. Probability Nodes
III. Chance Nodes
IV. Payoffs
Which of the elements listed above are among the components of a decision tree?
- 17
According to ____________ criterion, the decision maker should ignore all possible events except the one most likely to occur, and should select the best possible result in the given circumstances.
- 18
States of Nature
S1(0.5) S2(0.2) S3(0.3)
A1 50 110 30
A2 90 40 50
A3 70 100 10
What is the Expected Monetary Value of the TL cost strategy table above ?
- 19
A decision tree is a graphical approach that helps decision-makers see _________ they may encounter.
Which option below completes the sentence above best?
- 20
States of Nature
S1(0.3) S2(0.5) S3(0.2)
A1 50 110 30
A2 100 60 50
A3 70 90 60
What is the Expected Monetary Value of the TL gain strategy table above ?