Examlex
Radio frequency ___________ uses electronic tags and labels to identify objects wirelessly over short distances.
Certainty
The state of being sure or confident about something, often used in decision-making scenarios where outcomes can be predicted with high accuracy.
EMV
Expected Monetary Value; a decision-making tool used in risk management to calculate the average outcome of future events.
Perfect Information
Refers to a situation where all relevant data and outcomes are fully known to all parties involved.
Expected Value
The weighted average of all possible outcomes of a random variable, considering the probabilities of each outcome.
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