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Author Question: Excel Solver's __________ is based on a method that searches for an optimal solution by iteratively ... (Read 98 times)

mrsjacobs44

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on: Jun 24, 2018
Excel Solver's __________ is based on a method that searches for an optimal solution by iteratively adjusting a population of candidate solutions.
 a. Evolutionary Solver
  b. Goal Seeker
  c. Simplex LP
  d. GRG Nonlinear

Question 2

A variable used to model the effect of categorical independent variables in a regression model is known as a
 a. dependent variable. b. response.
  c. dummy variable. d. predictor variable.


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princessflame2016

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

a
RATIONALE: Excel Solver's Evolutionary Solver is based on a method that searches for an optimal solution by iteratively adjusting a population of candidate solutions.

Answer to Question 2

c
RATIONALE: A variable used to model the effect of categorical independent variables in a regression model is known as a dummy variable.


mrsjacobs44

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

sarah_brady415

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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