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The classification of student class designation (freshman, sophomore, junior, senior) is an example of
Forecast
The process of making predictions about future events or trends based on current or historical data.
Regression Analysis
A statistical method used to estimate the relationships among variables, often for the purpose of forecasting future trends or assessing cause and effect.
Adjustment Technique
Methods or procedures used to modify data, processes, or systems in order to correct errors or enhance functionality.
Mean-Variance Efficient Portfolio
An investment portfolio optimized for the highest expected return for a given level of risk, based on modern portfolio theory.
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