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Briefly describe the history of community practice in the United States of America.
Experimental Outcome
The result observed from conducting an experiment, which can be used to test hypotheses and theories.
Perfect Information
A situation in decision theory and economics where all participants have full and identical information about the elements of the game or economic situation.
Decision Tree
A graphical representation of possible solutions to a decision based on certain conditions, used in decision analysis to help identify a strategy most likely to reach a goal.
States Of Nature
Different outcomes or scenarios that can occur in decision-making situations, often uncertain and beyond the control of the decision maker.
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