Examlex
Moisture can travel upwards from lower layers of certain soils through __________ action.
Prior Probabilities
Represents the probabilities of events based on existing knowledge before new evidence is introduced.
Subjective Probability
The individual's personal judgment or estimate of the likelihood of an event occurring.
Prediction Value
A forecasted numerical value derived from statistical analysis or models, indicating a future outcome.
Cost Of Information
The expense incurred in acquiring data necessary for decision-making, including collection, processing, and analysis costs.
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