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Open source information is software for which the code is available and free to the customer.
Expected Value
A calculated average of all possible outcomes of a particular random variable, weighted by their respective probabilities.
Certain Income
Certain income refers to a guaranteed or fixed amount of earnings that an individual or entity can expect to receive over a period.
Uncertain Income
Uncertain income refers to earnings that fluctuate and are not guaranteed, often associated with irregular work or investment returns.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
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