412DA-EngExamples[1]

412DA-EngExamples[1] - More Examples Problem from (someone...

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42 More Examples Problem from (someone else’s) Midterm A PCB manufacturer needs to run tests on 2 separate components test fails the board is scrapped (Board is worthless if R works but Q doesn’t, and vice-versa) Given the costs and probabilities of failure, construct the decision tree and determine the expected cost. (You can assume that (P(R pass)) is independent of P(Q pass)) Also you have to pay for the test, even if the component fails What is the preferred test order? Construct a decision tree .1 8.00 Q .15 6.50 R P(failure) cost test
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43 Extra problem #1 A man wants to invest $1 million for 1 year. After analyzing and eliminating numerous possibilities, he has narrowed his choice to one of three alternatives. These alternatives are referred to as “acts” and are denoted Ai; A1: Invest in a guaranteed income certificate. A2: Invest in a bond.
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This note was uploaded on 10/19/2011 for the course DS 412 taught by Professor Eng during the Spring '07 term at S.F. State.

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412DA-EngExamples[1] - More Examples Problem from (someone...

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