Examlex
What are the basic elements of the scientific method?
Trial and Error
A problem-solving method involving repeated, varied attempts which are continued until success, or until the practicer stops trying.
Monte Carlo Analysis
A computerized mathematical technique that allows people to account for risk in quantitative analysis and decision making.
Simulated Service
A technique in service design where a service is tested using simulations to identify potential issues and improvements before actual implementation.
Monte Carlo Analysis
A problem-solving technique that uses random sampling and statistical modeling to estimate mathematical functions and simulate the probability of different outcomes in a process.
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