Anthony Knows That Not Everyone Goes to College and Those

question 23

Short Answer

Anthony knows that not everyone goes to college and those who do are not guaranteed to graduate. From this he decided that college is probably difficult as well as time consuming. Anthony used ________ to draw those conclusions.

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Definitions:

Service Time

The amount of time taken to complete a task or service for a customer, often a crucial factor in service and production environments.

Monte Carlo Simulation

A mathematical technique used to estimate the possible outcomes of an uncertain event by simulating the process with random variables numerous times.

Cumulative Probability

The probability that a random variable takes on a value less than or equal to a specified value, often visualized in the form of a cumulative distribution function.

Interval of Random Numbers

The range between the smallest and largest numbers in a set that has been chosen randomly.