Question 1

Which of the following statements are false?

Accepted Answer

A)   A probability distribution is discrete if it has a finite number of possible values.
B)   A probability distribution is continuous if its possible values are essentially some continuum.
C)   An example of a discrete probability distribution is the amount of rain that falls during the month of June in Michigan.
D)   None of these optionsE) A) and D)
F) A) and C)

Question 2

Sometimes it is convenient to treat a discrete probability distribution as continuous,and vice versa.

Accepted Answer

A) True 
 B)False

Question 3

A primary difference between standard spreadsheet models and simulation models is that at least one of the input variable cells in a simulation model contains random numbers.

Accepted Answer

A) True 
 B)False

Question 4

When we run simulation,the @Risk automatically keeps statistics such as averages and standard deviations,and can also create graphs such as histograms based on the values generated in the output cells in the simulation model.

Accepted Answer

A) True 
 B)False

Exam 15: Introduction to Simulation Modeling

Sometimes it is convenient to treat a discrete probability distribution as continuous,and vice versa.

Correct Answer
verified

Which of the following statements are false?

Correct Answer
verified

A primary difference between standard spreadsheet models and simulation models is that at least one of the input variable cells in a simulation model contains random numbers.

Correct Answer
verified

When we run simulation,the @Risk automatically keeps statistics such as averages and standard deviations,and can also create graphs such as histograms based on the values generated in the output cells in the simulation model.

Correct Answer
verified

Exam 15: Introduction to Simulation Modeling

Sometimes it is convenient to treat a discrete probability distribution as continuous,and vice versa.

Correct AnswerverifiedShow Answer

Which of the following statements are false?

Correct AnswerverifiedShow Answer

A primary difference between standard spreadsheet models and simulation models is that at least one of the input variable cells in a simulation model contains random numbers.

Correct AnswerverifiedShow Answer

When we run simulation,the @Risk automatically keeps statistics such as averages and standard deviations,and can also create graphs such as histograms based on the values generated in the output cells in the simulation model.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified