publication . Article . 2012

Difference Test Between Two Environments - Econometric Method of Substantiating the Decision

Albici Mihaela; Teselios Delia; ntonescu Eugenia;
Open Access
  • Published: 01 Jan 2012 Journal: Ovidius University Annals, Economic Sciences Series, volume XII, issue 2 Decembre, pages 574-578
Business decision-making environment must integrate as a whole the experience and beliefs of the techniques makers and decision support systems used. Currently, the business information environment is becoming more complex due to the increasing volume of information relevant for business area, the number of information resources and the number of technologies used for accessing and storing data. Decision support systems should serve as the main tool for decision makers in order to keep up with the exponential growth in size, complexity and speed with which business should be conducted. A decision support system should be an integral component of the decision-mak...
free text keywords: risk, decision making processes, marginal distributions, marginal frequencies., jel:C01, jel:C12, jel:D80
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