sequential analysis

noun

Statistics.

the analysis of data obtained from a sample the size of which is not fixed in advance, but is selected based on the outcome of the sampling as it proceeds.

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Example Sentences

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Increasingly, we no longer have to rely on failing in the real world, but can simulate failure and we have a variety of tools, such as Markov chains, agent based models and other forms of sequential analysis, which allow us to do it extremely cheaply.