Examlex
In countries where women have as much the same access to education, occupation, and political power as men, gender differences favoring males in math still exist.
Expected Demand
The anticipated quantity of a product or service that consumers will purchase in a future period under given conditions.
Monte Carlo Simulation
A computational algorithm that uses repeated random sampling to obtain numerical results, often used to assess risk and uncertainty in business and engineering models.
Cumulative Probability
The probability that a random variable takes on a value less than or equal to a specific value, used to understand the likelihood of different outcomes.
Monte Carlo Simulation
A computational algorithm that uses repeated random sampling to obtain numerical results, especially to calculate risks and uncertainties in predictive and forecasting models.
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