In Markov analysis, state probabilities must.
A. Sum to one
B. Be less than one
C. Be greater than one
D. None of the above
Answer: Option A
Solution (By Examveda Team)
In Markov analysis, state probabilities must sum to one. Markov assumptions: (1) the probabilities of moving from a state to all others sum to one, (2) the probabilities apply to all system participants, and (3) the probabilities are constant over time.Related Questions on Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above

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