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Simulation
A method for implementing a model over time to analyze and record the consequences of sequential interactions.
Predictive Analytics
The set of analytical techniques that use models constructed from past data to predict the future or assess the impact of one variable on another.
Probability Models
Mathematical representations that describe real-world processes or phenomena in terms of probability.
Understand Risk
The process of identifying, assessing, and prioritizing potential risks to minimize their impact on objectives.
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