Examlex
The search qualities of a service are the characteristics the buyer can evaluate before purchase.
Likelihood Probabilities
The probabilities that reflect the likelihood of different parameter values given a sample of data, used in statistical models and inference.
Expected Value
The sum of all possible values each multiplied by its probability of occurrence, used to determine the average outcome of a random variable.
Perfect Information
refers to a theoretical condition in economics where all participants have complete and accurate information about the market.
Graphic Design
The art and practice of planning and projecting ideas and experiences with visual and textual content.
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