Examlex
Why is estimating future growth a challenge for most companies?
Expected Value
The weighted average of all possible values of a random variable, considering the probabilities of each outcome.
Natural Log
The logarithm to the base e, where e is an irrational constant approximately equal to 2.71828, often used in mathematics, physics, and engineering.
Risk Averter
An individual who prefers outcomes that are certain over those with any level of risk, usually willing to accept lower returns to avoid uncertainty.
Expected Value
A calculated average outcome of a random variable, considering all possible outcomes and their probabilities.
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