« previous next »

Author Question: What is bootstrapping in Crystal Ball? A) It is a statistical tool that provides a priori ... (Read 50 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
What is bootstrapping in Crystal Ball?
 
  A) It is a statistical tool that provides a priori sensitivity information about the impact of each model variable on a target forecast.
  B) It is a statistical technique that fits probability distributions to multiple data series.
  C) It is a statistical technique that analyzes sample statistics empirically by repeatedly sampling the data and creating distributions of the statistics.
  D) It is a statistical tool that allows individuals to define correlations between groups of assumptions in a model.

Question 2

An example of coding a categorical variable would be to code No as 0 and Yes as 1.
 
  Indicate whether the statement is true or false
Statistics, Data Analysis, and Decision Modeling ¦ Evans ¦ 5th Edition
Buy Test-Bank


bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Snow crystal Snow crystal
Cranial Nerves Memory Tool Cranial Nerves Memory Tool
Eye ball perfectly labelled (map) Eye ball perfectly labelled (map)
To test for a leak, this tester was set to the 0.020 inch hole and turned on. The ball rose in the ... To test for a leak, this tester was set to the 0.020 inch hole and turned on. The ball rose in the ...
Allyl isothiocyanate, ball and stick model Allyl isothiocyanate, ball and stick model
Giant Puff Ball Giant Puff Ball
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library