Q 41

# A normal distribution has a limited range and can be skewed in either direction.

True False

Q 41# A normal distribution has a limited range and can be skewed in either direction.

True False

Related questions

Q 40

Use the information below to answer the following question(s).
Below is a spreadsheet for a hotel overbooking model.
Assume that each reservation has a constant probability p = 0.04 of being cancelled.Answer the question(s)using the Risk Solver Platform.
-Which of the following cells is defined as an output cell?
A)B13
B)B14
C)B15
D)B17

Q 42

Uniform or triangular distributions are used in the absence of data.

Q 43

As Monte Carlo simulation is essentially statistical sampling, the larger the number of trials used, the more precise is the result.