Examlex
Nonpathogenic microorganisms that normally inhabit the skin and mucous membranes are called ____________________.
Expected Value
The calculated average of all possible values for a random variable, weighted by their respective probabilities.
Risk-loving
A term describing an individual's preference or inclination towards taking risk, often in the pursuit of higher rewards.
Risk-neutral
An attitude towards risk where an individual does not prefer or avoid risk, being indifferent between a certain outcome and a gamble with the same expected value.
Fair Bet
A gamble or bet in which the expected value of the winnings equals the cost of playing, indicating no advantage for the bettor or the house.
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