Maximin , Maximax , Minimin , Laplace. Decision making under certainty [Lec 2]

In this video you will learn Decision making under certainty.All the concepts of this type of decision making is covered in this video. Maximin criterion, Minimin criterion, Maximax criterion, Laplace criterion are explained in detail.
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Sir smj me to a gaya lekin hamare books me vertically S1, S2, S3 ka avrg nikala hai and apne horizontally nikala hai wrong ans a raha confusion hai kaise kare ab

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Sir what about hurwitz method?

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[@dr.g.srinivasu6263]

Sir,Table should be change according to...alternates..row wise and states of nature...column wise

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is it under certainty or uncertainty?

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Sir this is decision making under uncertainty or certainty

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Please explain introduction of decision theory

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[@photoholic4994]

Bhaiya yeh Methods Decision under Certainty thodi h Yeh sab methods toh Uncertainty me aati h pls clear the doubt?? 🙂
Thanks for the nice explaination just a small doubt pls reply .. 👍

[@yogeshvanjari7879]

💎💎💎

[@vyshnaviammu6266]

Sir Alternative (A1,À2) should be in Rows and S1,S2 should be in Columns.....?!

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[@priyamraj9468]

190 is Minimax.
Am I right sir??

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Ur welcome prince❣️.Do share our videos and help us grow.

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[e-mail]

[@acsahvincent8330]

All these methods come under Decision making under uncertanity .
Isn't it?

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Evpi????

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Bhai lekin Laplace criterion mei 3 se kyu divide karna hai ye samjha nhi ? Please help 😅😅

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Laplace criterion is max of average

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[@Subhash_9934]

Thank you so much sir