When we run simulation,the @RISK automatically keeps statistics such as averages and standard deviations,and can also create graphs such as histograms based on the values generated in the output cells in the simulation model.
Correct Answer:
Verified
Q10: The flaw of averages is the reason
Q11: A probability distribution is bounded if there
Q12: The triangular distribution is sometimes used in
Q13: The uniform distribution is bounded by a
Q14: A primary difference between standard spreadsheet models
Q16: The binomial distribution can be well approximated
Q17: One of the primary advantages of simulation
Q18: Sometimes it is convenient to treat a
Q19: The three parameters required to specify a
Q20: The binomial distribution is a discrete distribution
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents