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Author Question: A feasible solution is ____________ if there are no other feasible points with a smaller objective ... (Read 163 times)

P68T

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on: Jun 24, 2018
A feasible solution is ____________ if there are no other feasible points with a smaller objective function value in the entire feasible region.
 a. a global minimum
  b. not a local maximum
  c. not a local minimum
  d. bowl-shaped

Question 2

__________________ refers to the use of sample data to calculate a range of values that is believed to include the value of the population parameter.
 a. Interval estimation b. Hypothesis testing
  c. Statistical inference d. Point estimation


orangecrush

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

a
RATIONALE: A feasible solution is a global minimum if there are no other feasible points with a smaller objective function value in the entire feasible region.

Answer to Question 2

a
RATIONALE: Interval estimation refers to the use of sample data to calculate a range of values that is believed to include the value of the population parameter.


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