____ Analysis Simulates a Model's Outcome Many Times to Provide

question 39

Multiple Choice

____ analysis simulates a model's outcome many times to provide a statistical distribution of the calculated results.

• A)Decision tree
• B)EMV
• C)Monte Carlo
• D)Watch list

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Definitions:

Qualitative Methods

Research strategies focusing on collecting and analyzing non-numerical data (e.g., text, video) to understand concepts, thoughts, or experiences.

Interpretive

A descriptor used to indicate a perspective or research approach that seeks to understand how humans interpret or make sense of events in their lives. Interpretive studies can be understood as attempts to place oneself "in the other person’s shoes."

Experimental Science

A branch of science that relies on controlled experiments to validate hypotheses and theories.

Synchronous

Coordinated communication—for example, focus group members interacting with each other in “real time.”