_____ is simply the act of building a model in a situation where the answer is known and then applying the model in a situation where the answer is unknown.
A) Correlation analysis
B) Trending
C) Consumer simulation
D) Patterning
E) Modeling

Question

Quizplus · Accepted Answer

The given definition perfectly describes the process of modeling, which involves creating a representation or simulation of a situation or system to predict its behavior or outcome in different circumstances. The other options are not accurate or broad enough to encompass the entire process described in the statement.

_____ Is Simply the Act of Building a Model in a Situation