Examlex
The following time-series data shows the average number of vacation days taken each year by employees.
The most effective visualization of these data would be:
Random Values
Numbers or outcomes generated in a manner that follows no discernible pattern, often used in simulations or statistical sampling.
Uncertain Inputs
Factors or variables in a model or process that have unknown or unpredictable values, affecting outcomes and decision-making.
Monte Carlo Sampling
A statistical technique that utilizes random sampling and probability to solve problems that might be deterministic in principle.
Latin Hypercube Sampling
A statistical method used in simulations that stratifies the sample space to ensure a more comprehensive exploration of variables across their entire range of values.
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