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The Ability of an IS to Continue to Operate When

question 100

Multiple Choice

The ability of an IS to continue to operate when a failure occurs,but usually for a limited time or at a reduced level is referred to as __________.


Definitions:

Expected Income

The amount of money an individual anticipates earning over a specified future period, often based on current income and future prospects.

Expected Value

Probability-weighted average of the payoffs associated with all possible outcomes.

Expected Returns

The average return an investor anticipates receiving from an investment, taking into account the probability of different outcomes.

Probability

A measure of the likelihood that an event will occur, often expressed as a number between 0 and 1, where 0 means impossibility and 1 indicates certainty.

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