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What is the difference between misdemeanor manslaughter and felony murder?
EVSI
Expected Value of Sample Information, a concept in decision theory that quantifies the value of gathering additional information before making a decision.
Posterior Probabilities
The probabilities of possible outcomes updated on the basis of new evidence or information.
Expected Monetary Value
The predicted value of a financial opportunity when accounting for all possible outcomes and their probabilities.
Optimal Act
The best possible action or decision, typically the one that maximizes the expected outcome or utility.
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