Examlex

Solved

Alaina Is Working on Creating a Large Database for a Non-Profit

question 45

Multiple Choice

Alaina is working on creating a large database for a non-profit organization she works for. Alaina wants to print selected data from the database so she can distribute it to donors. She creates a ____.


Definitions:

Wealth

The accumulation of valuable resources and possessions, which can include money, properties, and investments.

Risk Averse

The characteristic of preferring to avoid risk, where an individual or entity would choose a certain outcome over a gamble with a potentially higher, but uncertain, payoff.

Utility Function

A mathematical representation of how a series of choices provides a level of satisfaction to an individual.

Utility Function

A mathematical representation describing how individuals rank different bundles of goods based on the level of satisfaction or utility they provide.

Related Questions