Question: Explain each of the following quantitative statistical analysis methods commonly used in decision making: a)Correlation calculations b)Long-term trend analyses c)Probability assessment d)Regulation analyses e)Short to

Explain each of the following quantitative statistical analysis methods commonly used in decision making:

a)Correlation calculations

b)Long-term trend analyses

c)Probability assessment

d)Regulation analyses

e)Short to medium-term trend analyses

f)Dynamic programming

g)Linear programming

h)Queuing theory

i)Simulation

j)Transportation methodology

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