Examlex
List at least two reasons why CADD layering can assist the dimensioning process.
Risk-averse
The preference to avoid risks, favoring safer outcomes over potentially higher but uncertain returns.
Probability
The likelihood or chance of an event occurring.
Expected Utility
A theory in economics that explains how people make decisions under uncertainty, based on the anticipated satisfaction or utility from outcomes.
Risk-averse
A description of an individual or entity that prefers to avoid risk, often opting for the less risky of available options.
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