Examlex
Which of Jean Piaget's stages of cognitive development is characterized by abstract thinking and the creation of hypotheticals?
Monte Carlo Analysis
A statistical technique that utilizes random sampling and variability to calculate risks and predict outcomes in a wide range of applications.
Computerized Model
A digital simulation that uses computer algorithms and programming to replicate the behavior or performance of a physical, financial, or biological system.
Monte Carlo Analysis
A statistical technique that uses random sampling and numerical experiments to estimate mathematical functions and simulate the behavior of complex systems.
Cumulative Probability Distribution
The accumulation of individual probabilities of a distribution.
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