Examlex
What are the terms for the two types of prices quoted for a stock on an exchange?
Expert Systems
Expert systems are advanced computer programs designed to mimic the decision-making abilities of a human expert, typically in specific fields or disciplines.
Components in Parallel
Parts of a system designed to operate simultaneously, ensuring that if one part fails, the system as a whole can still function.
System Reliability
The probability that a system or component will perform its required functions without failure under stated conditions for a specified period of time.
Components in Series
A configuration where components are connected end-to-end in such a way that the failure of one component results in the failure of the entire system.
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