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PGG Mining is making a strategic decision whether to shut down a coal mine in Pennsylvania. It is important to consider that the decision
Signal-detection Theory
A framework describing how stimuli are detected under different conditions, highlighting the role of decision-making amidst noise.
False Alarm
An error in decision-making processes where an alert or warning is incorrectly triggered, suggesting the presence of a threat or condition that does not actually exist.
Correct Rejection
A decision in signal detection theory where the absence of a signal is correctly identified.
Hit
In general usage, an instance of something becoming very popular or successful; in specific contexts, it could have other definitions.
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