In simulating values for an Exponential distribution,the larger the random number,the smaller the simulated value.
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Q9: Simulation models are fairly easy to use
Q10: A Normal distribution has a mean of
Q11: Monte Carlo simulation is only applicable to
Q12: When using a random number table, it
Q12: A Uniform distribution has end points of
Q16: In probabilistic simulations,a single simulation run will
Q17: Monte Carlo simulations yield approximate rather than
Q18: Monte Carlo simulations are deterministic.
Q19: Simulation enables a decision maker to experiment
Q20: A random variate is an integer value
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