Examlex
Which of the following best explains 'construction-only contract'?
Probability Models
Mathematical representations that describe real-world processes or phenomena in terms of probability.
Understand Risk
The process of identifying, assessing, and prioritizing potential risks to minimize their impact on objectives.
Statistical
Relating to or involving the use of statistics to collect, analyze, interpret, and present data.
Diagnostic Analytics
Diagnostic analytics is the process of examining data to understand the reasons behind past performance, focusing on identifying patterns, correlations, and cause-effect relationships.
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