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A year lived in a less than perfect state of health can also be expressed as the amount of value accrued to the person living it. For example, 1 year of life lived in a situation with utility 0.5 yields 0.5 QALYs—a person experiencing this state is getting only 50% of the possible value of that year.
In many studies the value also includes the quality of life, the expected life time remaining, as well as the earning potential of a given person especially for an after-the-fact payment in a wrongful death claim lawsuit. As such, it is a statistical term, the value of reducing the average number of deaths by one.
Dunbar's number has become of interest in anthropology, evolutionary psychology, [12] statistics, and business management.For example, developers of social software are interested in it, as they need to know the size of social networks their software needs to take into account; and in the modern military, operational psychologists seek such data to support or refute policies related to ...
The event that all 23 people have different birthdays is the same as the event that person 2 does not have the same birthday as person 1, and that person 3 does not have the same birthday as either person 1 or person 2, and so on, and finally that person 23 does not have the same birthday as any of persons 1 through 22. Let these events be ...
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The Shapley value is one way to distribute the total gains to the players, assuming that they all collaborate. It is a "fair" distribution in the sense that it is the only distribution with certain desirable properties listed below. According to the Shapley value, [6] the amount that player i is given in a coalitional game (,) is
Pearson's correlation coefficient is the covariance of the two variables divided by the product of their standard deviations. The form of the definition involves a "product moment", that is, the mean (the first moment about the origin) of the product of the mean-adjusted random variables; hence the modifier product-moment in the name.
The United States seems to be in the midst of a housing crisis as rent in many areas throughout the country is becoming unaffordable. Housing Market 2023: 40 Places Poised for a Housing ...