Examlex
By 2014, the media had stopped assigning these to serial-killer teams.
Expected Demand
An estimate of the quantity of a product or service that consumers will purchase in the future, often used for planning and inventory management.
Demand Probability
The likelihood that a specific level of demand will occur within a certain period.
Monte Carlo Simulation
An algorithm that utilizes multiple instances of random sampling to generate numerical outcomes, commonly applied in assessing risks and making decisions.
Cumulative Probability
The probability that a random variable is less than or equal to a specific value, representing the accumulation of individual probabilities.
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