A discrete distribution is useful for many situations,either when the uncertain quantity is not really continuous (the number of televisions demanded,for example)or when you want a discrete approximation to a continuous variable.
Correct Answer:
Verified
Q2: The "random" numbers generated by the RAND
Q9: When we run simulation,the @Risk automatically keeps
Q11: Excel's built-in functions,along with the RAND function,can
Q11: A probability distribution is bounded if there
Q12: The triangular distribution is sometimes used in
Q16: The binomial distribution can be well approximated
Q18: Sometimes it is convenient to treat a
Q18: RISKSIMTABLE is a function in @Risk for
Q29: A correlation matrix must always have 1's
Q37: It is common in computer simulations to
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