Examlex
A light bulb used in a slide projector draws a current of 6 amperes when operating on 120 volts.
-If two slide projectors are connected in series across the same 120-volt source,the current drawn from the source remains at 6 amperes.
Utility Function
A mathematical representation that ranks preferences or satisfaction derived from consuming goods and services.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Fundamental Analysis
A method used to evaluate a security's intrinsic value by examining related economic, financial, and other qualitative and quantitative factors.
Portfolio Risk
The potential for losses or lower than expected returns from an investment portfolio due to various factors like market volatility.
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