Examlex
A nurse is working in a clinic where children from several cultures are seen. As a first step toward the goal of personal cultural competence, the nurse will:
Expected Value
In probability theory, it is the weighted average of all possible values of a random variable, with weights being the probabilities of each outcome.
Natural Log
The logarithm to the base e, where e is an irrational and transcendental constant approximately equal to 2.71828.
Risk Averter
An individual or entity that prefers to avoid risk, typically choosing options with more certain outcomes over those with higher, but more uncertain, returns.
Expected Value
A calculated average of the possible outcomes of a given event, weighted by the likelihood of each outcome occurring.
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