Examlex
The voltage across the input terminals of a transformer is 120 V. The primary has 25 loops and the secondary has 50 loops. The voltage the transformer delivers is
Risk Averter
An individual or entity that prefers to avoid risk, choosing options that have a more certain outcome even if it potentially means receiving lower returns.
Variance
A measure of dispersion that shows how much the values in a set differ from the mean or expected value.
Expected Utility Maximizer
A theoretical concept in economics and decision theory where an individual chooses among risky options by selecting the option with the highest expected utility.
Event
An occurrence or happening, often of significance and usually a distinct piece of time.
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