Examlex
Which of the following is true of biometrics?
Utilization
The extent to which a resource, such as equipment or labor, is being used effectively to produce goods or services.
Efficiency
The ratio of the output gained from a system to the input used, typically expressed as a percentage indicating performance or productivity.
Expected Monetary Value
A statistical measure used in decision-making under uncertainty, calculating the average outcome when future events have varying monetary values.
Profit
The financial gain achieved when the amount earned from goods or services exceeds the amount spent on their production or provision.
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