Examlex
Almost half of the commercial energy available for use in the U.S. is wasted due to inefficiencies in devices and processes used.
Risk Averter
An individual or entity that prefers to avoid uncertainty and potential losses when making investment or financial decisions.
Expected Value
In probability theory, it is the weighted average of all possible values of a random variable, with weights being the probabilities of each outcome.
Natural Log
The logarithm to the base e, where e is an irrational and transcendental constant approximately equal to 2.71828.
Risk Averter
An individual or entity that prefers to avoid risk, typically choosing options with more certain outcomes over those with higher, but more uncertain, returns.
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