expected value — EV The quantifiable, expected result of a course of action whose outcome is uncertain. Expected values are often used in *decision theory, and are calculated by multiplying the expected outcomes of decisions by the *probabilities of their… … Auditor's dictionary
Expected value — This article is about the term used in probability theory and statistics. For other uses, see Expected value (disambiguation). In probability theory, the expected value (or expectation, or mathematical expectation, or mean, or the first moment)… … Wikipedia
result — {{Roman}}I.{{/Roman}} noun 1 outcome/effect ADJECTIVE ▪ beneficial, encouraging, favourable/favorable, good, positive ▪ the beneficial results of the reforms to the economy ▪ For best … Collocations dictionary
Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… … Wikipedia
Expected value of sample information — In decision theory, the expected value of sample information (EVSI) is the price that one would be willing to pay in order to gain access to a sample from the distribution about which the prediction has to be made. For example, if one needs to… … Wikipedia
expected — adj. Expected is used with these nouns: ↑arrival, ↑direction, ↑duration, ↑earnings, ↑frequency, ↑improvement, ↑number, ↑outcome, ↑profit, ↑rate, ↑result, ↑ … Collocations dictionary
expected standard — In standard costing, a cost, income, or performance standard set at a level that is expected to be achieved by the actual result. Compare: attainable standard, ideal standard … Accounting dictionary
Null result — In science, a null result is a result without the expected content: that is, the proposed result is absent.[1] It is an experimental outcome which does not show an otherwise expected effect. This does not imply a result of zero or nothing, simply … Wikipedia
Renninger negative-result experiment — In quantum mechanics, the Renninger negative result experiment is a thought experiment that illustrates some of the difficulties of understanding the nature of wave function collapse and measurement in quantum mechanics. The statement is that a… … Wikipedia
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Software testing — is an empirical investigation conducted to provide stakeholders with information about the quality of the product or service under test [ [http://www.kaner.com/pdfs/ETatQAI.pdf Exploratory Testing] , Cem Kaner, Florida Institute of Technology,… … Wikipedia