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Author Question: Which of the following error messages is displayed in Excel Solver when attempting to solve an ... (Read 51 times)

Lisaclaire

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on: Jun 24, 2018
Which of the following error messages is displayed in Excel Solver when attempting to solve an unbounded problem?
 a. Solver could not find a feasible solution.
  b. Solver cannot improve the current solution. All constraints are satisfied.
  c. Solver could not find a bounded solution.
  d. Objective Cell values do not converge.

Question 2

The value of the ___________ is used to estimate the value of the population parameter.
 a. population statistic
  b. sample parameter
 
  c. population estimate
  d. sample statistic


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xthemafja

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d
RATIONALE: Whenever you attempt to solve an unbounded problem using Excel Solver, you will receive a message in the Solver Results dialog box telling you that the Objective Cell values do not converge..

Answer to Question 2

d
RATIONALE: To estimate the value of a population parameter, we compute a corresponding characteristic of the sample, referred to as a sample statistic.


Lisaclaire

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

softEldritch

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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