Examlex
Which of the following does your financial institution use to reduce fraud?
Probability
An assessment of the probability that a specific event will take place, usually represented by a value ranging from 0 to 1.
Tornado Chart
A tornado chart is a graphical method used to display the sensitivity of a system's outcome to changes in its input variables, resembling a tornado's shape when variables are displayed in descending order.
Sensitivity Chart
A sensitivity chart is a graphical representation used in decision making to show how different values of an independent variable affect a particular dependent variable.
Sample Statistics
Values calculated from a sample and used to estimate population parameters.
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