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Contribution table and decision rules

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Contribution table and decision rules

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.
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  • July 27, 2018 at 10:45 am #464873
    sayanib12
    Member
    • Topics: 3
    • Replies: 1
    • ☆

    Hello

    I was trying to solve an example of chapter 5 from the study text. It had calculations related to maximax, minimax regret and maximin. I could not understand. Please help me out to understand how to do the calculations.

    Thank you.

    July 27, 2018 at 11:12 am #464887
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10605
    • ☆☆☆☆☆

    Are you talking about our notes? If so, Chapter 5 does not deal with maximax etc; Chapter 8 does and the answers are on page 136 of our notes. The Chapter 8 lecture explains the solution in detail

    If you are talking about BPP or Kaplan texts I can’t directly help as I do not have copies. However going through our notes and lectures will help.

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