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If an Analyst Knows the Minimum and Maximum Values Possible

question 73

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If an analyst knows the minimum and maximum values possible for a parameter, the triangular distribution is a good choice for modeling.


Definitions:

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A continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.

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Refers to the ways in which biological factors (such as genes, hormones, and brain chemistry) affect behavior, thoughts, and emotions.

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