Examlex
Training simulators and computer based simulators are most crucial to ________ training.
Utility Function
In economics, a mathematical representation that ranks individuals' preferences over sets of goods and services, indicating the level of satisfaction or utility they obtain.
Risk Neutral
A risk neutral person or entity is indifferent between choices with different levels of risk, focusing solely on the expected outcome without concern for the variability of returns.
Risk Averse
Personality or preference indicating a tendency to avoid taking risks, preferring certainty or less risky options.
Income
The money received, especially on a regular basis, for work, through investments, or from benefits.
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