This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A simulation model extends spreadsheet modeling by a. extending the range of parameters for which ... (Read 126 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 24, 2018
A simulation model extends spreadsheet modeling by
 a. extending the range of parameters for which solutions are computed.
  b. using real-time values for parameters from the application to formulate solutions.
  c. replacing the use of single values for parameters with a range of possible values.
  d. using historical data to make predictions about future values and expected trends.

Question 2

A ___________ uses repeated random sampling to represent uncertainty in a model representing a real system and that computes the values of model outputs.
 a. Monte Carlo simulation
  b. what-if analysis
  c. deterministic model
  d. discrete event simulation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 24, 2018
Answer to Question 1

c
RATIONALE: A simulation model extends spreadsheet modeling by replacing the use of single values for parameters with a range of possible values.

Answer to Question 2

a
RATIONALE: A Monte Carlo simulation uses repeated random sampling to represent uncertainty in a model representing a real system and that computes the values of model outputs.


magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

A hypothetical model of the process of cell-wall expansion. A hypothetical model of the process of cell-wall expansion.
Giraffe extending its tongue to feed. Its tongue, lips and palate are tough enough to deal with shar Giraffe extending its tongue to feed. Its tongue, lips and palate are tough enough to deal with shar
Heart Anatomy Model Heart Anatomy Model
Lab: Amoeba Model Lab: Amoeba Model
Lab Model: Lancelet Lab Model: Lancelet
Alpine tundra. Low-growing, hardy plants at a high altitude in Washington’s Cascade range. Alpine tundra. Low-growing, hardy plants at a high altitude in Washington’s Cascade range.
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library