Maximin Maximax Minimin Laplace Decision making under certainty Lec 2

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In this video you will learn Decision making under certainty.All the concepts of this type of decision making is covered in this video. Maximin criterion, Minimin criterion, Maximax criterion, Laplace criterion are explained in detail. • If you like our videos follow us on Instagram for more Updates. • https://instagram.com/grade_upgrade?i... • Yours Likes and Comments are the most valuable currency for us, but if you want to support us you can Contribute any small amount by clicking the link below. • https://instamojo.com/@GradeUpgrade • FULL PLAYLIST of Decision Theory • • What is Decision Theory? [Lec 1] • Playlist of Topics you may also want to learn • Index Number • • What is Index Number? | Introduction ... • Permutation Combination • • Factorial - Introduction and Problems...

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