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As a result of General Braddock's defeat a few miles from Fort Duquesne,
Short-Run Forecast
A prediction of future events or performance over a relatively brief period, often used for budgeting, planning, and operational adjustments.
Envelope
The range of plausible values of a prediction based on a given set of assumptions.
Plausible Values
Reasonably conceivable or believable amounts or outcomes, often used in statistical modeling and estimation.
Attrition
A natural reduction in workforce due to employees leaving the company through means such as retirement or resignation, not replaced immediately by new hires.
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