Examlex
Which of the following is memory for things that a person did not try to remember, as with things learned passively and unintentionally?
Expected Value
The projected value of a variable, calculated as an average weighted by probabilities in statistical analysis.
Expected Monetary Value
A statistical technique to calculate the average outcome when the future includes scenarios that may or may not happen.
State of Nature Node
A decision analysis tool used to represent possible future events or outcomes in decision making under uncertainty.
State of Nature
A term used in decision theory and statistics to describe possible outcomes in a situation which are not under the control of the decision-maker.
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