Examlex
What does SDN stand for within a cloud environment?
Big-8 Accounting Firm
Refers to the top eight accounting firms in the United States that dominated the industry until mergers and scandals reduced the number to the Big Four.
Expected Value
The average outcome of a random event when considering all possible outcomes and their probabilities.
Probability
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Von Neumann-Morgenstern Utility Function
A utility function theory based on expected utility, fundamental in making rational decisions under uncertainty, emphasizing outcomes' probabilities.
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