Examlex
The elaboration likelihood model of persuasion is an example of a
Expected Value
A calculated average outcome of a random variable, considering all possible outcomes and their probabilities.
Natural Log
A logarithm to the base e (where e is approximately 2.71828), used extensively in mathematical, economic, and scientific applications.
Risk Averter
An individual or entity that prefers to avoid uncertainty and potential losses when making investment or financial decisions.
Expected Value
In probability theory, it is the weighted average of all possible values of a random variable, with weights being the probabilities of each outcome.
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