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Utilitarianism Is When Decisions Are Made to Provide the

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Utilitarianism is when decisions are made to provide the


Definitions:

V(X + Y)

The variance of the sum of two random variables, considering both their individual variances and covariance.

V(X)

The variance of a random variable X, representing the expectation of the squared deviation of X from its mean.

V(Y)

The notation for the variance of a random variable Y, measuring the spread of its values.

Joint Probability

The probability of two events occurring together or at the same point in time.

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