Examlex
Higher unemployment tends to be associated with
Monte Carlo Simulation
A computational algorithm that uses repeated random sampling to obtain numerical results, typically used to assess risk or uncertainty in prediction and forecasting models.
Crystal Ball
A forecasting and simulation software by Oracle that is used for predictive modeling, simulation, and optimization.
Critical Path
The longest sequence of activities in a project plan that must be completed on time for the project to finish by its due date.
Analytical Approach
A method of problem-solving that involves breaking down a complex issue into smaller components for easier understanding and solution formulation.
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