Question
Which of the following decision theory is concerned with
how people should make decision?Solution
Normative models suggest how people should make decisions while descriptive models describe how people actually make decisions. Descriptive models introduce the concept of satisficing.
Income of A is twice the income of B. B and A spend 55% and 65% respectively of their incomes. Find the savings of A, if B saves Rs. 18000 in a month.
A boat can travel at a speed of 15 km/h in still water. If the speed of the current is 3 km/h, how long will it take to travel 24 km upstream?
In a rectangular floor of length and breadth of 12 metres and 9 metres, respectively, square tiles each of 3 metre edge length are to be laid. If the co...
If f(x) is periodic of period T, then:
- What does the term WORM stand for in computing?
- The average weight of 6 students in a group is 45 kg. If one student is replaced by person 'B', the average weight of the group increases by 5%. Find the d...
The distance between (4, –1) and (–8, y) is 13. Find possible values of y.
? = (597.98 ÷ (6.97 2.01 – 3.1)) × 12.9
If a hyperbola passes through the point (4, 0) and has foci at (±5, 0), and the length of its conjugate axis is 6, then the eccentricity is:
If f(g(x))= x, where f and g are inverses of each other and f’(x) = 1/(1+x ² ), then g’(x) equals:
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