to balance probabilities
41n-gram — Not to be confused with engram. In the fields of computational linguistics and probability, an n gram is a contiguous sequence of n items from a given sequence of text or speech. The items in question can be phonemes, syllables, letters, words or …
42Bolam v. Friern Hospital Management Committee — Bolam v Friern Hospital Management Committee ( [1957] 1 WLR 583) is an English tort law case that lays down the typical rule for assessing the appropriate standard of reasonable care in negligence: the Bolam test . Where the defendant has… …
43Economics of global warming — This article describes the economics of global warming and climate change. Contents 1 Definitions 2 Climate change science 3 Scenarios 4 Trends and projections …
44Gambler's fallacy — The Gambler s fallacy, also known as the Monte Carlo fallacy (because its most famous example happened in a Monte Carlo Casino in 1913)[1], and also referred to as the fallacy of the maturity of chances, is the belief that if deviations from… …
45Applied information economics — (AIE) is a decision analysis method developed by Douglas W. Hubbard and partially described in his book How to Measure Anything: Finding the Value of Intangibles in Business [D. Hubbard, How to Measure Anything: Finding the Value of Intangibles… …
46government economic policy — ▪ finance Introduction measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three …
47climate — /kluy mit/, n. 1. the composite or generally prevailing weather conditions of a region, as temperature, air pressure, humidity, precipitation, sunshine, cloudiness, and winds, throughout the year, averaged over a series of years. 2. a region or… …
48Current sea level rise — This article is about the current and future rise in sea level associated with global warming. For sea level changes in Earth s history, see Sea level#Changes through geologic time. Sea level measurements from 23 long tide gauge records in… …
49Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …
50Law of averages — The law of averages is a lay term used to express a belief that outcomes of a random event shall even out within a small sample.As invoked in everyday life, the law usually reflects bad statistics or wishful thinking rather than any mathematical… …
