Which of the Following Is NOT Considered One of the Main

question 39

Multiple Choice

Which of the following is NOT considered one of the main targets in information technology?

• A) people
• B) software
• C) hardware
• D) network

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Definitions:

Expected Value

A statistical concept that calculates the average outcome of a random event when the process is repeated many times.

Wager Amount

The sum of money placed in a bet on the outcome of an event with an uncertain result.

Risk Premium

The extra return above the risk-free rate demanded by investors for holding riskier assets.

Expected Cost

The forecasted or anticipated cost of undertaking a project, investment, or any financial activity, considering all possible outcomes and their probabilities.