Examlex
The probability of an outcome is particularly useful for predicting the likelihood of fixed events.
Education Spending
The total amount of public and private expenditure on education, including wages of teachers, purchases of books and materials, and infrastructure investment.
Scores
Quantitative measures or numerical values used to compare and assess the performance or characteristics of different entities.
Arrow's Impossibility Theorem
A theorem demonstrating that no rank-order voting system can be designed to satisfactorily convert the ranked preferences of individuals into a community-wide ranking while meeting a specified set of criteria.
Social Ordering
A concept in sociology that refers to the systematic organization of individuals in a society based on various criteria such as economic status, power, ethnicity, or age.
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