Examlex
Which of the following creates the most difference in wages?
Simulation
The imitation of the operation of a real-world process or system over time, often carried out with computer software for analysis or training purposes.
Uniform Distribution
A type of probability distribution where all outcomes are equally likely to occur.
Normal Model
A statistical model that assumes data follow a bell-shaped normal distribution, often used in probability and statistics.
Standard Deviation
A measure indicating the amount of variation or dispersion of a set of values from the mean, reflecting how spread out these values are.
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