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It may be the case that several sufficient conditions, when taken together, constitute a single necessary condition (i.e., individually sufficient and jointly necessary), as illustrated in example 5. Example 1 "John is a king" implies that John is male. So knowing that John is a king is sufficient to knowing that he is a male. Example 2
Tests of sufficiency in biology are used to determine if the presence of an element permits the biological phenomenon to occur. In other words, if sufficient conditions are met, the targeted event is able to take place. However, this does not mean that the absence of a sufficient biological element inhibits the biological event from occurring.
Ineffective erythropoiesis is defined by the expansion of early-stage erythroid precursors driven by erythropoietin, accompanied by the apoptosis of late-stage precursors. . This mechanism is principally responsible for the anemia seen in acquired conditions such as certain subtypes of myelodysplastic syndrome (MDS) and inherited disorders such as β-thalassemia, inherited sideroblastic ...
However the converse is false: There exist point-estimation problems for which the minimum-variance mean-unbiased estimator is inefficient. [6] Historically, finite-sample efficiency was an early optimality criterion. However this criterion has some limitations: Finite-sample efficient estimators are extremely rare.
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.
In a free market, market failure is defined as an inefficient allocation of resources. Due to the fact that it is feasible to improve, market failure implies Pareto inefficiency. For example, excessive consumption of depreciating items (drugs/tobacco) results in external costs to non-smokers, as well as premature death for smokers who do not quit.
Insufficient justification is an effect studied in the discipline of social psychology. It states that people are more likely to engage in a behavior that contradicts the beliefs they hold personally when offered a smaller reward compared to a larger reward. [ 1 ]
These inefficiencies can stem from a variety of factors, including outdated technology, inefficient production processes, poor management, and a lack of competition. X-inefficiency underscores the importance of competition and innovation in fostering efficiency, which can reduce costs for companies, resulting in increased profits and better ...