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Why must organisms that spawn release huge numbers of eggs and sperm?
Expected Opportunity Loss
The expected loss resulting from not choosing the best alternative action.
Perfect Information
A situation in decision making where all parties have full and equal knowledge of all relevant facts and outcomes.
Certainty
Absolute confidence in the accuracy or outcome of an event, often not attainable in statistical measurements.
Expected Profit
Expected profit is the anticipated financial gain from an investment or business activity, accounting for various factors such as costs and market conditions.
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