What Is a Statistical Process That Finds the Way to Make

question 15

Multiple Choice

What is a statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste?

• A) Prediction
• B) Optimization
• C) Forecasting
• D) Regression

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Definitions:

Overtaxed

The condition of being subject to excessive tax rates, leading to financial burden or disincentive for economic activity and investment.

World's Land Area

Refers to the total surface area of the Earth that is covered by land.

Forested

Describes an area covered with forests or having a large amount of tree cover.

Percentage

A way of expressing a number as a fraction of 100, used to compare proportions.