Search results
Results from the WOW.Com Content Network
While the SPRT was first applied to testing in the days of classical test theory, as is applied in the previous paragraph, Reckase (1983) suggested that item response theory be used to determine the p 1 and p 2 parameters. The cutscore and indifference region are defined on the latent ability (theta) metric, and translated onto the proportion ...
You are free: to share – to copy, distribute and transmit the work; to remix – to adapt the work; Under the following conditions: attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made.
Right graph: With fixed probabilities of two alternative states 1 and 2, risk averse indifference curves over pairs of state-contingent outcomes are convex. In economics and finance , risk aversion is the tendency of people to prefer outcomes with low uncertainty to those outcomes with high uncertainty, even if the average outcome of the latter ...
In stable matching with indifference, some men might be indifferent between two or more women and vice versa. The stable roommates problem is similar to the stable marriage problem, but differs in that all participants belong to a single pool (instead of being divided into equal numbers of "men" and "women").
A set of convex-shaped indifference curves displays convex preferences: Given a convex indifference curve containing the set of all bundles (of two or more goods) that are all viewed as equally desired, the set of all goods bundles that are viewed as being at least as desired as those on the indifference curve is a convex set.
The principle of indifference (also called principle of insufficient reason) is a rule for assigning epistemic probabilities. The principle of indifference states that in the absence of any relevant evidence, agents should distribute their credence (or "degrees of belief") equally among all the possible outcomes under consideration.
The software-based document comparison process compares a reference document to a target document, and produces a third document which indicates (by colored highlighting or by differing font characteristics) information (text, graphics, formulas, etc.) that has either been added to or removed from the reference document to produce the target ...
In the case of two goods and two individuals, the contract curve can be found as follows. Here refers to the final amount of good 2 allocated to person 1, etc., and refer to the final levels of utility experienced by person 1 and person 2 respectively, refers to the level of utility that person 2 would receive from the initial allocation without trading at all, and and refer to the fixed total ...