Author Question: The study of how changes in the input parameters of a linear programming problem affect the optimal ... (Read 94 times)

imanialler

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The study of how changes in the input parameters of a linear programming problem affect the optimal solution is known as
 a. regression analysis.
  b. model analysis.
  c. optimality analysis.
  d. sensitivity analysis.

Question 2

A simple random sample of 31 observations was taken from a large population. The sample mean equals 5 . Five is a
 a. population parameter.
  b. point estimate.
 
  c. population mean.
 
  d. standard error.



bookworm410

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Answer to Question 1

d
RATIONALE: Sensitivity analysis is the study of how changes in the input parameters of a linear programming problem affect the optimal solution.

Answer to Question 2

b
RATIONALE: A point estimate is the value of a point estimator used in a particular instance, such as an estimate of a population parameter.



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