Statistical Method means,
Meaning of Statistical Method: Risk modeling method based on observed statistical criteria of random variables (and between them) without considering cause and effect relationships. The advantage over structural models is the simple parameterization of the model from the available data (mostly public).
Literal Meanings of Statistical Method
Meanings of Statistical:
This refers to the use of data.
Sentences of Statistical
Meanings of Method:
A special process for acquiring or dealing with something, especially an organized or established process.
Sentences of Method
How to restore software
Synonyms of Method
formula, practice, mechanism, modus operandi, routine, system, process, means, method of working, medium, procedure, technique