Examlex
OLAP can manage and handle queries with very large sets of data.
Outcome
The result or consequence of an action, process, or situation, typically measured against expected or intended objectives.
Expected Monetary Value
A statistical concept used to calculate the average outcome when the future includes scenarios that may or may not happen.
Uncertainty
Uncertainty refers to the lack of certainty, predictability, or definiteness about an outcome or condition, often requiring risk assessment and management strategies.
Risk
The potential for loss or the negative consequences that may arise from a given action, decision, or event.
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