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What do we call unsound arguments that are often persuasive and appearing to be logical because they usually appeal to our emotions and prejudices, and because they often support conclusions that we want to believe are accurate?
Monte Carlo Simulation
A computational technique that uses random sampling to approximate the probability of various outcomes in a process.
Random Values
Numbers or outcomes generated in a manner that follows no discernible pattern, often used in simulations or statistical sampling.
Uncertain Inputs
Factors or variables in a model or process that have unknown or unpredictable values, affecting outcomes and decision-making.
Monte Carlo Sampling
A statistical technique that utilizes random sampling and probability to solve problems that might be deterministic in principle.
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