Expected Value, Certainty Equivalence, etc. 1 Expected value. Mathematically, an expected value calculation weighs each possible outcome by. its likelihood, giving more weight to more likely outcomes and less weight to. less likely outcomes. When there are a ï¬nite number of outcomes, calculate. expected value by summing probability times value over all possible outcomes: Expected Value =.
R1 zoning usually means suburban homes. A property that is zoned R1 usually means that it resides in a neighborhood intended for single-family residences.1 zoning usually means suburban homes. A property that is zoned R1 usually means that it resides in a neighborhood intended for single-family residences.
buffer zone. (1) A transitional area between two areas of different zoning or characteristic land use. (2) Green space or other open or natural areas providing privacy and noise pollution control for a subdivision.n political science, an area between two antagonists that is put in place so they do not attack each other. A famous example of a buffer zone is the demilitarized zone separating North and South Korea. Occasionally, the buffer zone is a third country.