Examlex
A(n) ____ device translates a personal characteristic (the input) into a digital code that is compared with a digital code stored in the computer.
Scenario Analysis
A process of analyzing possible future events by considering alternative possible outcomes (scenarios), thereby helping decision-making in the face of uncertainty.
Alternative Situations
Different scenarios or conditions that could occur, often considered when planning or making decisions.
Uncertainty
The lack of complete certainty, that is, the existence of more than one possibility in the outcome of a future event.
Econometric
Relating to econometrics, the branch of economics that applies statistical and mathematical methods to analyze economic data and test theories.
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