Examlex
The minimum amount of energy needed for a sensation to occur is called
Sample Information
Data or observations collected from a subset of a larger population, used to estimate or infer characteristics about the whole population.
EMV
Expected Monetary Value; a financial concept that calculates the average outcome when the future includes scenarios that may or may not happen.
Decision Tree
A graphical representation used to visualize the path of decisions and their possible consequences, including outcomes, resources, cost, and utility.
Revenue Management
Revenue Management is the strategic analysis and optimization of sales and inventory to maximize profitability, often used in airline, hotel, and other service industries.
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