Examlex
When examining group difference where no direction of the difference is specified,which of the following is used?
Opportunity Cost
The lost potential gain from other alternatives when one alternative is chosen.
Potential Benefit
The prospective advantage or gain that may be realized from a specific action or decision, often considered in planning and analysis.
Probability
A quantitative assessment of an event's probability, given as a number from 0 to 1.
Choosing
The act of selecting from a number of alternatives or possibilities.
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