making decisions under risky conditions. For example‚ as a contractor my husband has been laid off twice in the past three years‚ however we decided to buy a house. There were many things that could have happened that would have ended our dream‚ but in the end it all worked out and it was worth the risk. 3-17 (use QM) ( a) What type of decision is Ken facing? Ken is facing a decision under uncertainty. ( b) What decision criterion should he use? Since Ken is an optimistic decision maker
Premium Decision theory Decision making Risk
Macroeconomic Conditions and Selected Trends Gross Domestic Product (GDP) is an economic indicator used to measure a country’s total output. It includes everything produced by all the people and companies in the country. In order to compare GDP from one year to the next it is important to use what is known as Real GDP. Real GDP makes a distinction by forgoing income from U.S. companies and people outside the country‚ which would contribute to GNI‚ removing the effects of inflation and only counting
Premium Gross domestic product Great Depression Unemployment
coli is a bacterium that is commonly found in the gut endotherms. E. coli and related bacteria constitute about 0.1% of gut flora‚ and fecal-oral transmission is the major route through which pathogenic strains of the bacterium cause disease. Cells are able to survive outside the body for a limited amount of time‚ which makes them ideal indicator organisms to test environmental samples for fecal contamination. The bacterium can also be grown easily and inexpensively in a laboratory setting‚ and has been
Premium Escherichia coli Bacteria
Should Home Schooling Be Encouraged As An Alternative To Educate Children? “14-year old makes Malaysian homeschoolers proud.” Balakrishna M Pillai‚ a precocious Malaysian homeschooler has‚ in fact‚ won the international Global Challenge Award in the Best Global Business category (David Tan‚ 2009). Whoever read about this will probably then come out with a question: “What is home schooling?” According to The Columbia Encyclopedia (2008)‚ home schooling is defined as ‘the practice of teaching children
Premium Homeschooling Alternative education Compulsory education
breakers should sent to prison. However‚ there is also better alternative way for those who are first time offenders. The advantage of sending the entire law breaker into prison is to punish them on their mistake which had done. Besides that‚ it is also teach them a lesson and alert to the public that punishment to be taken once someone had against the law. For example‚ the criminal such as raping a women or a girl where the victim are badly harmed on physically and mentally. Those criminal should sent
Premium Prison Criminal justice Crime
printer is used to print books‚ newspapers or magazine. Ink is one of the important components of printer. Without ink‚ printer is useless. In this observation‚ we have come up to conduct research study‚ on computer printer ink from sugar beets‚ which is most useful and environmental friendly than commercial ink. Sugar beets’ Scientific name is Beta Vulgaris. Sugar beets are small herbaceous plants with broad dark-green leaves. Its underground taproot matures in 50-60 days of sowing and weighs
Premium Inkjet printer
Deborah Falcon 091457 TH151 – P First Term Paper The chapter that I chose to reflect on for this paper is Chapter 8 from C.S. Lewis’s Mere Christianity: The Shocking Alternative. For most part‚ the heaviest question asked throughout this chapter is why evil exists‚ and why God allowed it to exist. A human being who is probably sick and tired of all the evil and suffering in the world would say that if only evil can just stop existing – if only suffering would stop. If only human beings
Premium Good and evil Problem of evil Ontology
disaster‚ but don’t be scared. Like most things we can fix this situation we have put ourselves into with alternative energy sources. Sorry Captain Planet it looks like you will be sitting this one out. There are many different forms of clean and renewable alternative energy. Fortunately it look likes we may be headed down the right path to saving humanity. Some of these forms of alternative energy that can definitely help solve the problem are: wind energy; hydrogen; solar power; wave energy.
Free Wind power Energy development Fossil fuel
The alternative forms of tourism combine tourist products or separate tourist services different from the mass tourism by means of supply‚ organization and the human resource involved. These are rural‚ ecotourism‚ adventure (biking‚ horseback riding‚ snowshoeing‚ ski mountaineering‚ rafting‚ diving‚ caving‚ climbing)‚ thematic tourism – connected with the cultural and historical heritage‚ the esoteric‚ religion‚ wine‚ traditional cuisine‚ ethnography and traditional music and handicrafts. Sustainable
Premium Tourism
Alternative Fuel A Good alternative fuel vehicle to add to the lineup of vehicles of Lotus Rental Car’s will be diesel operated fuel vehicles. You will not find a big popularity in diesel fuel engines in the United States like you would in Europe but it is growing especially with the new technology available now. Some of the benefits you will find in diesel engines are the savings. One will be in the miles per gallon (MPG) diesel fuel provides people with another option rather than gas and lasts
Premium Internal combustion engine Automobile Petroleum