Examlex
Newborns:
Expected Value Theory
A concept in probability and statistics that calculates the anticipated value of an investment or decision, factoring in all possible outcomes and their probabilities.
Roulette-type Games
Games of chance that are characterized by a spinning wheel and a ball that determines the winning number or color.
Charity Bazaar
is a fundraising event organized to support charitable causes, often featuring goods for sale, entertainment, and food.
Availability Heuristic
A quick mental strategy that draws on the initial instances that spring to mind for someone when thinking about a certain topic, notion, strategy, or decision-making process.
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