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Mrs.Crane frequently thinks she has to shout at her husband to get his attention,but he thinks she yells because she's angry.Mr.Crane typically feels he has to shout back at his wife to defend himself,but she thinks his screaming proves that he's hostile.This couple's experience best illustrates
Variance
The average of the squared differences from the Mean, providing a measure of how spread out a data set is.
Expected Value
The weighted average of all possible values that a random variable can take on, weighted by the probabilities of those values.
Payoffs
The outcomes or returns of a decision or action, often expressed in terms of profit or loss.
Risky Undertaking
An action or venture involving a high degree of uncertainty and potential for loss or failure.
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