expected monetary value: the product of the monetary outcome of a particular decision in a decision tree and the probability of this outcome happening
HEED THE VOX POPULI, AND TAKE THIS WORD OF THE DAY QUIZ!
Test your memory on these verbal firecrackers from the week of June 29 to July 5!
Question 1 of 7
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012