Examlex
Problem gambling has been associated with which two personality traits?
EMV
Expected Monetary Value, a statistical concept used in decision making to calculate the average outcome when the future includes scenarios that may or may not happen.
Maximax Criterion
A decision rule used under uncertainty, selecting the option with the maximum possible return, focusing on the most optimistic outcome.
Row Maximums
The highest values within each row of a matrix or table, typically used in data analysis and optimization problems.
Equally Likely Criterion
A decision-making principle where all outcomes are considered to have the same probability of occurring.
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