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{{see also|Three-point estimation}}
The triangular distribution is typically used as a subjective description of a population for which there is only limited sample data, and especially in cases where the relationship between variables is known but data is scarce (possibly because of the high cost of collection).
It is based on a knowledge of the minimum and maximum and an "inspired guess" <ref>http://www.decisionsciences.org/DecisionLine/Vol31/31_3/31_3clas.pdf</ref> as to the modal value. For these reasons, the triangle distribution has been called a "lack of knowledge" distribution.
===Business simulations===
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