Examlex
Based on the available clinical data, what additional diagnosis might be made in this case?
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Utility Function
Describes how a consumer ranks different baskets of goods based on the level of satisfaction or utility derived from them.
Expected Utility
A concept in economics that represents a consumer's preference for certain outcomes, quantified as the weighted average of utility over all possible outcomes.
Probability
The quantification of how probable it is for an event to take place, indicated by a value ranging from 0 to 1.
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