Examlex
A designation is used when substantial amounts of water are saturated in the mass of materials.
Gambler's Fallacy
The mistaken belief that if something happens more frequently than normal during a given period, it will happen less frequently in the future, or vice versa.
False Consensus
The cognitive bias that leads people to overestimate the extent to which their beliefs, values, opinions, or habits are normal and typical of those of others.
Implementation Costs
Expenses associated with putting a newly adopted system, plan, or policy into effect.
Arbitrage
The practice of buying and selling assets in different markets or in different forms to profit from price discrepancies.
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