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In the last stage of the evolution of a group, the leader's main role is to provide process tools that allow the group to reflect on past experiences and direct attention toward wrapping up activities.
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.
Probability
The measure of the likelihood that an event will occur.
Expected Utility
A concept in economics and finance that calculates the anticipated utility of different choices, taking into account the various possible outcomes and their probabilities.
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