produced of winning tributes. The probability of those districts winning the game is 3 out of 12. 6. Career Tributes are tributes who have been trained their whole life in case they were chosen for the games. 7. They train so they can have a better chance of winning. The factors of causing them to win are training. 8. 13/24. 12/24. 12/12. 9. Theoretically a tribute winning from the districts is higher because they’re wealthier and have been trained for the games. Experimentally‚ most
Premium Probability theory Standard deviation Poverty
A recently published article seems to lend new information as to the way in which emotions influence our decision-making process. While emotions and reasoning are considered inherently separate by some‚ new experiments are challenging that perception. A series of studies done by experimental psychologists now show us that emotion plays a very natural role in decision-making situations. The experiments‚ ranging in type from neuroimaging to simple classical conditioning‚ suggest that emotions can
Premium Emotion Psychology Decision making
In this article‚ the author sees decision making as a blend of authority and developmental patterns. He classifies managers into consensus managers who cleverly persuade their team to advance towards set goals and take-in charge guys who drive others through their effective leadership. However‚ the decision making capability of managers are often restricted by their personal and political issues abound in all organisations. He says that while critical decisions involving substantial money and significant
Premium Decision making Risk Nuclear power
Paulina Tulman Why are some brands successful? The main reason of setting up a company is to become successful. There are many different aspects of it: popularity of brand‚ high income‚ being a leader. But why some brands became successful and others did not? I want to show few important aspects to become successful on example of “Dove” brand ( part of Unilever company). In 2004 “Dove” revealed the results of global discussion about how women physically perceive their look. The study
Premium Unilever
managers considered that executive’s solution was inappropriate. As a result‚ it was impossible for them to handle‚ did the number of passengers not only plunged dramatically but rivals also had been picking off Greyhound’s customers. To understand more deeply about what is going on in Greyhound Lines‚ we turn to discuss about the way executive managers made decision and analyze what was not satisfactory. 1. Was the decision facing Greyhound executives‚ programmed or non-programmed? From
Premium Decision making Decision theory Decision making software
00041 1.11 Expected value = E(x) = ∑ x*P (x) = 1.04 Variance = E(x2) – [E(x)]2 = 1.11-1.04*1.04 = 0.0284 e. The expected value of the number of children born in a single pregnancy in 1996 was 1.03 and in 2006 it was 1.04. hence we do not support the conclusion that increased use of fertility drugs by older women has generated an upward trend in multiple births. Q.7 Answer Unit demand (x) 300 400 500 600 Total p(x) 0.2 0.3 0.35
Premium Probability theory Variance Normal distribution
Capital Structure Decisions: Which Factors are Reliably Important? Murray Z. Frank1 and Vidhan K. Goyal2 First draft: March 14‚ 2003. Current draft: December 20‚ 2003. ABSTRACT This paper examines the relative importance of 38 factors in the leverage decisions of publicly traded U.S. firms from 1950 to 2000. The most reliable factors are median industry leverage (+ effect on leverage)‚ market-to-book ratio (-)‚ collateral (+)‚ bankruptcy risk as measured by Altman’s Z-Score (-)‚ dividend-paying
Premium Asset Balance sheet Debt
EXPERT SYSTEMS AND ARTIFICIAL INTELLIGENCE Expert Systems are computer programs that are derived from a branch of computer science research called Artificial Intelligence (AI). AI’s scientific goal is to understand intelligence by building computer programs that exhibit intelligent behavior. It is concerned with the concepts and methods of symbolic inference‚ or reasoning‚ by a computer‚ and how the knowledge used to make those inferences will be represented inside the machine. Of course‚ the
Premium Expert system Artificial intelligence
Decision-making is an important process which can control individual’s life‚ make or break an organization‚ and can be used to develop leadership in today’s business world. To explain why decision-making process is important; an individual needs to understand team decision-making‚ ethical and effective decision making‚ conflict sources and solutions. Team Decision-Making People work in teams because two or three heads is better than one. However‚ this is true if the team is working together
Premium Management Leadership Strategic management
solve problems and make decisions. New managers and supervisors‚ in particular‚ often make solve problems and decisions by reacting to them. They are "under the gun"‚ stressed and very short for time. Consequently‚ when they encounter a new problem or decision they must make‚ they react with a decision that seemed to work before. It’s easy with this approach to get stuck in a circle of solving the same problem over and over again. Therefore‚ as a new manager or supervisor‚ get used to an organized approach
Premium Risk Decision making Decision theory