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Sampling Risk May Be Controlled by

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Sampling risk may be controlled by


Definitions:

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Crystal Ball

A software product by Oracle for predictive modeling, forecasting, simulation, and optimization.

Crystal Ball

A metaphor often used to describe the attempt to predict future events or decisions.

Decision Table Tool

A visual representation tool that summarizes complex decision logic by listing possible conditions and actions or outcomes in a table format.

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