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The Research Design Section of a Report Gives the Background

question 81

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The research design section of a report gives the background to the problem,highlights discussions with the decision makers and industry experts,discusses the secondary data analysis,the qualitative research that was conducted,and the factors that were considered.


Definitions:

Conditional Probability

This is the probability of an event occurring given that another event has already occurred.

Expected Value

A statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen, often used in decision-making and risk assessment.

Outcome

The result or consequence of an action, process, or situation, typically measured against expected or intended objectives.

Expected Monetary Value

A statistical concept used to calculate the average outcome when the future includes scenarios that may or may not happen.

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