decision model in a sentence
Examples
- In many cases, the decision may be made on the basis of heuristics; a simple decision model which may not be completely accurate.
- The decision model of bystander intervention noted that whether or not an individual gives aid in a situation depends upon their analysis of the situation.
- When building a quantitative decision model, a model builder identifies various relevant factors, and encodes these as " input variables ".
- Two scenarios were compared, assuming a national program offering the Hepatitis B vaccine to 2 million clients in order to create a decision model.
- "' Analytica "'is a visual software package developed by Lumina Decision Systems for creating, analyzing and communicating quantitative decision models.
- As the article says, " lottery purchases can be explained by decision models based on talk ) 10 : 02, 11 January 2016 ( UTC)
- In decision theory, economics, and finance, a "'two-moment decision model "'is a model that moments of those random variables.
- Yet, lottery purchases can be explained by decision models based on expected utility maximization, as the curvature of the utility function can be adjusted to capture risk-seeking behavior.
- The contrariety with process-decision models came from a focus on immediate and unique problems, leaving long-term evolutions emerging as by-products of short-term decisions.
- In decision theory, two-moment decision models can be applied when the decision-maker is faced with random variables drawn from a location-scale family of probability distributions.