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Exhibit 13-1Use the following illustration of a middle latitude cyclone.The dashed lines show the positions of the fronts 6 hours ago.
-Refer to Exhibit 13-1.The storm system will apparently move toward the
Probability
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Expected Opportunity Loss
A statistical determination of potential loss due to not selecting the optimal choice among different options.
Gross Profits
The difference between revenue and the cost of goods sold before deducting overheads, payroll, taxation, and interest payments.
Probability
A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
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