Examlex
When a researcher is attempting to predict sales volume by using building permits, amount of advertising and the income levels of residents, he or she is using:
Probabilities
The likelihood or chance of an event occurring, typically expressed as a number between 0 and 1, where 0 means the event cannot occur and 1 indicates certainty.
Outcomes
The results obtained from an action, experiment, or event, which can vary based on the conditions and processes involved.
Sample Points
Individual elements or cases selected from a population, usually in the context of statistical sampling.
Applications
The practical uses or relevance of a theory, tool, or concept in real-world situations or specific fields.
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