Paper Title:
Solving Decision Problems with Mathematical Expectation
  Abstract

Mathematical expectation is one of the important digital characters of the random variables. Many decision variables in decision problem are random variables; it is difficult to define their concrete distribution, while we can use their mathematical expectation to resolve decision questions. The applications of mathematical expectation in decision question were analyzed by example from two aspects of project contract decision and obtain employment decision.

  Info
Periodical
Chapter
Chapter 1: Mechanic Manufacturing System and Automation
Edited by
Zhixiang Hou
Pages
293-296
DOI
10.4028/www.scientific.net/AMM.128-129.293
Citation
M. Zhang, J. H. Wen, "Solving Decision Problems with Mathematical Expectation", Applied Mechanics and Materials, Vols. 128-129, pp. 293-296, 2012
Online since
October 2011
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