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Yiheng was new to his organization but quickly noticed a pattern at the annual budgeting session.Mid-level managers were asking for unrealistically high budgets,while top management was attempting to request budgets under last year's actual expenditures.Both parties were using strategies that are referred to as ____.
Probability
An assessment of the chance of an event taking place, denoted by a number from 0 to 1, with 0 signifying that the event is not possible and 1 signifying that the event is guaranteed to happen.
Event Occurs
A term indicating the point in time or space at which an event takes place.
Independent
In statistics, refers to variables or events that are not influenced or caused by other variables within the scope of a study.
Dependent
A variable in an experiment or study that is expected to change in response to changes in another variable called the independent variable.
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