Examlex
__________ is using rewards to increase the likelihood that a behavior will be repeated.
Expected Pay
The anticipated financial return or compensation a person expects to receive from a job, investment, or other economic activity.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Hourly Rate
The amount of money paid for one hour of work.
Expected Value
The predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.
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