Examlex
Groupthink is likely to occur when members of a group refuse to look realistically at other groups.
Inference
The process of using data analysis to deduce properties of an underlying distribution of probability; drawing conclusions about populations based on sample data.
Optimization Models
Mathematical models that are designed to find the best possible solution or outcome from a set of parameters or constraints.
Prescriptive Analytics
The set of analytical techniques that yield a best course of action.
Maximize
To increase or make as large or great as possible, often used in the context of mathematical optimization.
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