Examlex
What does the nitrogen gas charge in a shock absorber/strut do?
Probability
A quantification of how probable an event is, with the scale going from 0 to 1.
Lottery
A lottery is a form of gambling which involves drawing lots for a prize, or the allocation of a resource or a chance event resulting in a significant gain to the holder.
Von Neumann-Morgenstern
A theory of expected utility that serves as a foundational framework in the field of game theory, describing strategies for rational decision-making under uncertainty.
Expected Utility
The sum of the utilities associated with all possible outcomes, weighted by the probability of each outcome occurring.
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