Solving Decision Problems with Mathematical Expectation

Mei Zhang; Jing Hua Wen

doi:10.4028/www.scientific.net/AMM.128-129.293

Paper Titles

Robust Fault Detection for Singular Stochastic Systems
p.276

Selection and Optimization in Vibration Isolation Structure of Marine Podded SSP Propulsion
p.280

Solutions of Single Point of Failure in Intrusion Detection System
p.285

Solving Collaborative Manufacturing Resources Optimization Deployment Problems Based on Improved DNA Genetic Algorithm
p.289

Solving Decision Problems with Mathematical Expectation
p.293

Spectral Data Modeling Based on Feature Extraction and Extreme Support Vector Regression
p.297

Spectral Properties of Broadband Pumped Optical Parametric Amplification
p.301

Spline Function Method Analysis Nature Frequency of Annular Foundations
p.307

Study on Data Acquisition and Measurement System of Occupant Restraint Test Bed
p.314

HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 128-129Solving Decision Problems with Mathematical...

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.

You might also be interested in these eBooks

Measuring Technology and Mechatronics Automation IV

View Preview

Info:

Periodical:

Applied Mechanics and Materials (Volumes 128-129)

Pages:

293-296

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.128-129.293

Citation:

Cite this paper

Online since:

October 2011

Authors:

Mei Zhang, Jing Hua Wen

Keywords:

Decision Question, Mathematical Expectation, Obtain Employment Decision, Project Contract Decision

Export:

RIS, BibTeX

Price:

Permissions CCC:

Request Permissions

Permissions PLS:

Request Permissions

Сopyright:

Citation:

References

[1] Lin Tong-yun. Solving Economical decision problem by mathematics expection[J]. Journal of Longyan University, 2006, 24(6): 7-8.

Google Scholar

[2] Han Bo-chang. Management operations research [M]. Beijing: Higher Education Press(2009).

Google Scholar

[3] Wu Xiao-qiu. Stock investment [M]. Beijing: Press of China people University(2010).

Google Scholar

[4] Yao Meng-cheng. Probability Theory and Mathematical Statistics[M]. Beijing: Beijing University Press(2001).

Google Scholar

[5] Applied mathematics department in Harbin EngineeringUniversity(HEU). Probability Theory and Mathematical Statistics [M]. Harbin: Harbin EngineeringUniversity Press(2003).

Google Scholar

[6] Zhang Wen-lian. Application of Mathematical Expectation to risk decision[J]. Finance teaching and Research, Vol. 1(2004), pp.58-59.

Google Scholar