The first-order Markov chain is generally used when.
A. Transition probabilities are fairly stable
B. Change in transition probabilities is random
C. No sufficient data are available
D. All of the above
Answer: Option A
Solution (By Examveda Team)
The first-order Markov chain is generally used when transition probabilities are fairly stable. The first order Markov chain transition probability is the conditional probability that the second amino acid occurs in a two-amino-acid sequence, given the occurrence of the first amino acid, ie P(second amino acid|first amino acid).This Question Belongs to Management >> 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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