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What Is Bootstrapping in Crystal Ball

Question 23

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What is bootstrapping in Crystal Ball?


A) It is a statistical tool that provides a priori sensitivity information about the impact of each model variable on a target forecast.
B) It is a statistical technique that fits probability distributions to multiple data series.
C) It is a statistical technique that analyzes sample statistics empirically by repeatedly sampling the data and creating distributions of the statistics.
D) It is a statistical tool that allows individuals to define correlations between groups of assumptions in a model.

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