During analysis in simulation methodology, the decision maker can perform:
A) Descriptive statistics such as points and estimates.
B) Hypothesis testing.
C) Risk analysis.
D) All of the above

Question

Quizplus · Accepted Answer

In simulation methodology, the decision maker can perform descriptive statistics to summarize data, hypothesis testing to make inferences about populations based on sample data, and risk analysis to evaluate uncertainties. Therefore, all of the options are correct.

During Analysis in Simulation Methodology, the Decision Maker Can Perform