Examlex
Instructions: Identify the following terms.
the Holy Roman Emperor, Charles V
Probability Distribution
A mathematical function that gives the probabilities of occurrence of different possible outcomes for an experiment.
English Auction
A type of auction where bidders publicly submit higher and higher bids, with the highest bidder winning the item.
Rational Self-Interest
The principle that individuals will make decisions that benefit themselves, assuming they have all necessary information and make rational choices.
Values
Fundamental beliefs or standards of an individual or society guiding behavior and decision-making.
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