A deterministic model would be appropriate to use if the
A) data for the problem is known with high level of confidence
B) data follows a range, but the average is known with high level of confidence
C) data distribution is known with high level of confidence
D) any one of , or
E) none of the above
Correct Answer:
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Q1: Quantitative approach to problem solving will be
Q2: Mathematical models usually contain
A) variables
B) constants
C) assumptions
D)
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A) focusing
Q4: Risks of model building include
A) focusing
Q5: Risks of model building include
A) fitting the
Q7: Probabilistic model would be appropriate to use
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Q9: Two of the steps in the management
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