Nearby Words
decision theory
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decision theory
noun Statistics.
the theory of making decisions based on assigning probabilities to various factors and assigning numerical consequences to the outcome.
Origin:
1960–65
1960–65
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Decision theory
is always a great word to know.
So is zedonk. Does it mean:
| the offspring of a zebra and a donkey. |
| an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle. |
Collins
World English Dictionary
| decision theory | |
| —n | |
| statistics See also game theory the study of strategies for decision-making under conditions of uncertainty in such a way as to maximize the expected utility | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
FOLDOC
Computing Dictionary
decision theory definition
probabilityA branch of statistics concerning strategies for decision making in non-deterministic systems. Decision theory seeks to find strategies that maximise the expected value of a utility function measuring the desirability of possible outcomes.
(1995-09-22)
Word Dynamo Rating For Decision theory
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