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loss function

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noun
(in decision theory) a function that expresses the loss incurred when a decision is made in terms of various factors.
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SHALL WE PLAY A "SHALL" VS. "SHOULD" CHALLENGE?
Should you take this quiz on “shall” versus “should”? It should prove to be a quick challenge!
Question 1 of 6
Which form is used to state an obligation or duty someone has?

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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

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