Examlex
If you were thinking about a home theater system, which of the following represents the inputs?
Outcomes
The results or consequences of actions, processes, or games, which can be measured to assess performance or success.
Probabilities
The quantification of how probable an event is to happen, represented by a numerical value ranging from 0 to 1.
Expected Value
A calculation used in statistics and probability to determine the average outcome when the future includes scenarios that may or may not happen.
Values
Fundamental beliefs or guiding principles that influence the behaviors and decision-making processes of individuals or organizations.
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