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An example of a remote,synchronous collaboration tool is a Skype conference call using VOIP and webcams.
Expected Value
A calculated average of all possible values of a random variable, weighted by their probabilities.
Coin Toss
A random method used to determine a decision, consisting of throwing a coin into the air and checking which side is facing up when it lands.
Expected Value
A statistical concept that calculates the average outcome of a probability event or investment over the long term.
Expected Value
The anticipated value for an investment or probability-weighted average of all possible values in a given situation.
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