If a model contains uncertain outputs,it can be very misleading to build a deterministic model by using the means of the inputs to predict an output.This is called the
A) Law of Large Numbers.
B) Flaw of Averages.
C) Law of Inevitable Disappointment.
D) Central Limit Theorem.
Correct Answer:
Verified
Q36: Different random numbers generated by the computer
Q37: It is common in computer simulations to
Q38: Which of the following statements are false
Q39: Correlation between two random input variables might
Q40: The deterministic (non-simulation)approach,using best guesses for the
Q42: Which of the following statements are false?
A)A
Q43: Which of the following statements are true?
A)The
Q44: Which statement is true regarding the triangular
Q45: Suppose you run a simulation model several
Q46: A continuous probability distribution is characterized by
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