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Author Question: A set of values for the random variables is called a(n) a. event. b. permutation. c. trial. d. ... (Read 47 times)

rlane42

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on: Jun 24, 2018
A set of values for the random variables is called a(n)
 a. event.
  b. permutation.
  c. trial.
  d. combination.

Question 2

In simulation analysis, the ___________ of random variables can be adjusted to determine the impact of the assumptions about the shape of the uncertainty on the results.
 a. probability distributions
  b. ranges
  c. relative frequencies
  d. manual generations


stillxalice

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

c
RATIONALE: A set of values for the random variables is called a trial.

Answer to Question 2

a
RATIONALE: In simulation analysis, the probability distributions of random variables can be adjusted to determine the impact of the assumptions about the shape of the uncertainty on the results.


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