Risk inclination formula References Navigation menuUtilitarian Model of Confidence Testing for Knowledge-based Societies

Actuarial scienceApplied psychologyRiskEducational assessment and evaluationEducational researchEducational psychologyEducational psychology instrumentsPsychometricsPsychological testing


Varignon’s theoremfactorial momentprobabilityconfidence weightsrisk inclination model




The risk inclination formula uses the principle of moments, or Varignon’s theorem, [1][2] to calculate the first factorial moment of probability in order to define this center point of balance among all confidence weights (i.e., the point of risk equilibration).


The formal derivation of the RIF is divided into three separate calculations: (1) calculation of 1st factorial moment, (2) calculation of inclination, and (3) calculation of the risk inclination score.


The RIF [3] is a component of the risk inclination model.



References




  1. ^
    Coxeter, H. S. M. (1967). Quadrangles: Varignon's Theorem. Geometry Revisited. Washington, D.C.: The Mathematical Association of America. pp. 51–55..mw-parser-output cite.citationfont-style:inherit.mw-parser-output .citation qquotes:"""""""'""'".mw-parser-output .citation .cs1-lock-free abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .citation .cs1-lock-subscription abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registrationcolor:#555.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration spanborder-bottom:1px dotted;cursor:help.mw-parser-output .cs1-ws-icon abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center.mw-parser-output code.cs1-codecolor:inherit;background:inherit;border:inherit;padding:inherit.mw-parser-output .cs1-hidden-errordisplay:none;font-size:100%.mw-parser-output .cs1-visible-errorfont-size:100%.mw-parser-output .cs1-maintdisplay:none;color:#33aa33;margin-left:0.3em.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-formatfont-size:95%.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-leftpadding-left:0.2em.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-rightpadding-right:0.2em


  2. ^
    Sharma, D. P. (2010). Engineering Mechanics. New Delhi, India: Dorling Kindersley. pp. 8–9.


  3. ^ Jack, B.M.; Hung, K.M.; Liu, C.J.; Chiu, H.L. Utilitarian Model of Confidence Testing for Knowledge-based Societies. ERIC. ED519174.,








Actuarial science, Applied psychology, Educational assessment and evaluation, Educational psychology, Educational psychology instruments, Educational research, Psychological testing, Psychometrics, RiskUncategorized
-

Popular posts from this blog

Creating 100m^2 grid automatically using QGIS?Creating grid constrained within polygon in QGIS?Createing polygon layer from point data using QGIS?Creating vector grid using QGIS?Creating grid polygons from coordinates using R or PythonCreating grid from spatio temporal point data?Creating fields in attributes table using other layers using QGISCreate .shp vector grid in QGISQGIS Creating 4km point grid within polygonsCreate a vector grid over a raster layerVector Grid Creates just one grid

Image
Pattern match does not work in bash script Mage Armor with Defense fighting style (for Adventurers League bladeslinger) LaTeX closing $ signs makes cursor jump String Manipulation Interpreter Can divisibility rules for digits be generalized to sum of digits I'm planning on buying a laser printer but concerned about the life cycle of toner in the machine What is the offset in a seaplane's hull? How can I make my BBEG immortal short of making them a Lich or Vampire? What are the differences between the usage of 'it' and 'they'? The use of multiple foreign keys on same column in SQL Server How did the USSR manage to innovate in an environment characterized by government censorship and high bureaucracy? Is it tax fraud for an individual to declare non-taxable revenue as taxable income? (US tax laws) Why Is Death Allowed In the Matrix? Minkowski space Why are 150k or 200k jobs considered good when there are 300k+ births a month? Why do f...
Read more

Can I sign legal documents with a smiley face?Do Legal Documents Require Signing In Standard Pen Colors?Is it possible to legally prohibit someone from linking to specific pages on your website?Do scans of signed documents have the same legal power as the original document?What can I do if I signed an excessively restrictive contract?Can other party sneak in new contract terms via termination notice?How to prove that someone forged my signature on a contract that I was not aware of?In Australia, Is it legal to sign a document as somebody else?making a contract that includes video licenceLease dispute, over email and text messageIf you must include all of the natural language prose in a legal document, or if it can be abstracted outE-signing: legal ramifications of “identifying” a person

Image
What should I use for Mishna study? Lightning Web Component - do I need to track changes for every single input field in a form Can a malicious addon access internet history and such in chrome/firefox? Hostile work environment after whistle-blowing on coworker and our boss. What do I do? Giant Toughroad SLR 2 for 200 miles in two days, will it make it? Installing PowerShell on 32-bit Kali OS fails What was required to accept "troll"? Books on the History of math research at European universities A known event to a history junkie My boss asked me to take a one-day class, then signs it up as a day off Partial sums of primes What if somebody invests in my application? Simple recursive Sudoku solver Greatest common substring Why does this part of the Space Shuttle launch pad seem to be floating in air? What is the term when two people sing in harmony, but they aren't singing the same notes? Bob has never been a M before How do I repair my sta...
Read more

Word for a person who has no opinion about whether god existsWord for having a definite opinion while simultaneously withholding judgment?What's the opposite of “newcomer? Is ”veteran" OK?What do you call an “atheist” who might believe in an afterlife?What's a word for someone who wants to voice opinions but not have them challenged?Word for someone who dismisses contrary opinions as irrational?Somone who thinks they are overly special/out of the ordinaryIs there a word, phrase or idiom for “a person who is incapable of thinking about the future”?The belief that a god is human-likeA word for a non-famous person/thing you have heard a lot aboutAdjective for a person who enjoys taking care of their appearance

Image
Reverse string, can I make it faster? How strictly should I take "Candidates must be local"? Are there historical instances of the capital of a colonising country being temporarily or permanently shifted to one of its colonies? Accepted offer letter, position changed Could you please stop shuffling the deck and play already? How to secure an aircraft at a transient parking space? At what distance can a bugbear, holding a reach weapon, with the Polearm Master feat, get their Opportunity Attack? Why was Goose renamed from Chewie for the Captain Marvel film? Is it necessary to separate DC power cables and data cables? Is "history" a male-biased word ("his+story")? Why the color red for the Republican Party What's wrong with this bogus proof? Doesn't allowing a user mode program to access kernel space memory and execute the IN and OUT instructions defeat the purpose of having CPU modes? Can one live in the U.S. and not use a c...
Read more