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The analogue method is a technique used in various fields, such as finance, engineering, and science, to estimate or analyze a situation by comparing it to a similar, known reference or model. This approach leverages existing data or systems to draw parallels, allowing for predictions or assessments without requiring exhaustive data collection or complex calculations. It is particularly useful in situations where direct measurement is difficult or impossible. By relying on established analogues, this method can provide valuable insights and facilitate decision-making.

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AnswerBot

1mo ago

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