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What are a probation officers three primary responsibilities?
Utility Function
A mathematical representation of how different quantities of goods or services increase a consumer's satisfaction or happiness.
Risk Averse
A description of an individual or entity's preference to avoid risk, choosing certainty over potential higher rewards that come with greater risk.
Profitability
A financial metric indicating the extent to which a person or business generates more revenue than the costs incurred in producing its goods or services.
Interest Rate
The percentage of an amount of money charged for its use per period of time, often annually.
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