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4.8 Decision Making Under Uncertainty



























                                            Figure 4.1: Bounded Rationality



                   This decision ignores exact performance metrics and uses a practical rule.



               4.8      Decision Making Under Uncertainty

                   In many computing applications, outcomes are uncertain. This is common in:

                   ˆ   rtificial intelligence                                                                                  A

                   ˆ   achine learning                                                                                         M

                   ˆ   redictive analytics                                                                                     P
               Decisions are made based on probabilities and expected outcomes.

               Example: Simple Probability-Based Decision























                                      Figure 4.2: Simple Probability-Based Decision


                   This logic demonstrates decision making under uncertainty.







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