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using either traditional optimization techniques or modern heuristic techniques would make interesting work when solving real world complex problems. What do the terms heuristic and optimization (or optimal) mean? What is a quantitative application for each?
How has statistical analysis, scientific data analysis helped human race make progress in various fields? Use examples from your work or outside work
Can probability and statistics be used to manage projects? If yes how? Use an example from a project you or your company worked on
Can probability and statistics be used to forecast (sales, profits, etc)? If yes how? Give a real-life scenario as an example.
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