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What Are the Limits of Heuristic Models

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What are the limits of heuristic models?


Definitions:

Legitimate

Genuine, conforming to established rules, standards, or laws.

Statistics Class

An educational course focused on the study and application of statistical methods and analysis.

Probability

Estimating the chances of an event manifesting.

Business Class

A class of airline service that provides enhanced amenities, greater seat comfort, and higher levels of service than economy class.

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