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  2. Entropy and life - Wikipedia

    en.wikipedia.org/wiki/Entropy_and_life

    In this direction, although life's dynamics may be argued to go against the tendency of the second law, life does not in any way conflict with or invalidate this law, because the principle that entropy can only increase or remain constant applies only to a closed system which is adiabatically isolated, meaning no heat can enter or leave, and ...

  3. Entropic value at risk - Wikipedia

    en.wikipedia.org/wiki/Entropic_value_at_risk

    It is worth noting that (,) is the entropic risk measure or exponential premium, which is a concept used in finance and insurance, respectively. Let L M {\displaystyle \mathbf {L} _{M}} be the set of all Borel measurable functions X : Ω → R {\displaystyle X:\Omega \to \mathbb {R} } whose moment-generating function M X ( z ) {\displaystyle M ...

  4. Entropy as an arrow of time - Wikipedia

    en.wikipedia.org/wiki/Entropy_as_an_arrow_of_time

    Entropy is one of the few quantities in the physical sciences that require a particular direction for time, sometimes called an arrow of time. As one goes "forward" in time, the second law of thermodynamics says, the entropy of an isolated system can increase, but not decrease. Thus, entropy measurement is a way of distinguishing the past from ...

  5. Entropy - Wikipedia

    en.wikipedia.org/wiki/Entropy

    The most general interpretation of entropy is as a measure of the extent of uncertainty about a system. The equilibrium state of a system maximizes the entropy because it does not reflect all information about the initial conditions, except for the conserved variables. This uncertainty is not of the everyday subjective kind, but rather the ...

  6. Why you should re-evaluate your life insurance - AOL

    www.aol.com/news/why-evaluate-life-insurance...

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  7. Entropy (order and disorder) - Wikipedia

    en.wikipedia.org/wiki/Entropy_(order_and_disorder)

    Thus, if entropy is associated with disorder and if the entropy of the universe is headed towards maximal entropy, then many are often puzzled as to the nature of the "ordering" process and operation of evolution in relation to Clausius' most famous version of the second law, which states that the universe is headed towards maximal "disorder".

  8. Tobacco and life insurance: Here’s what you should know - AOL

    www.aol.com/finance/tobacco-life-insurance-know...

    Does secondhand smoke affect nicotine tests for life insurance? According to the CDC, secondhand smoke can cause health issues. Whether or not smoking affects your insurance rates depends on the ...

  9. Introduction to entropy - Wikipedia

    en.wikipedia.org/wiki/Introduction_to_entropy

    In the coin example, if you start out with a very unlikely macrostate (like all heads, for example with zero entropy) and begin flipping one coin at a time, the entropy of the macrostate will start increasing, just as thermodynamic entropy does, and after a while, the coins will most likely be at or near that 50–50 macrostate, which has the ...