Examlex
Explain the limitations of the phrase "electricity follows the path of least resistance," as it pertains to electrocution hazards.
Perfect Information
A situation in which all participants have access to all relevant information, often used in game theory and economic models.
Custom Homes
Houses that are designed and built according to the specifications and preferences of the homeowner.
Expected Value
The anticipated value for a given investment or random variable, calculated as the weighted average of all possible values.
Sample Information
Details and data gathered from a subset of a larger population, used to draw conclusions or make estimates about the larger group.
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