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A ____ Is a Mathematical Compression Technique Implemented as a Program

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A ____ is a mathematical compression technique implemented as a program.


Definitions:

Probability

A numerical expression between 0 and 1 that quantifies the probability of an event happening.

Expected Total Utility

The anticipated satisfaction or benefit a consumer will derive from the consumption of goods or services.

Probability

A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1.

Expected Total Utility

The total satisfaction or benefit that a consumer expects to receive from consuming a particular quantity of goods and services.

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