Examlex
Dr. Irwin is testing the same individuals repeatedly over time as part of a research study, while Dr. Jenner is comparing the performance of different people of various ages at the same time. Dr. Irwin is using a _________ research design; Dr. Jenner is using a ________ design.
Uncertain Inputs
Variables in a model or decision-making process whose values are not known with certainty, often requiring risk analysis or simulation to manage.
Assumptions
Foundational ideas accepted as true without proof, used as the basis for reasoning or argument.
Crystal Ball
A predictive analytics software offering risk analysis, simulation, and forecasting functionalities, often used for project management and financial forecasting.
Monte Carlo Simulation
A computational technique that uses random sampling to approximate the probability of various outcomes in a process.
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