Author Question: The ___________ value for each less-than-or-equal-to constraint indicates the difference between the ... (Read 84 times)

scienceeasy

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The ___________ value for each less-than-or-equal-to constraint indicates the difference between the left-hand and right-hand values for a constraint.
 a. objective function coefficient
  b. slack
  c. unbounded
  d. surplus

Question 2

You recently took a standardized test in which scores follow a normal distribution with a mean of 18 and a standard deviation of 3 . You were told that your score is at the 75th percentile of this distribution. What is your score?



iman

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Answer to Question 1

b
RATIONALE: The slack value for each less-than-or-equal-to constraint indicates the difference between the left-hand and right-hand values for a constraint.

Answer to Question 2

Your score is 20.

RATIONALE: If your score is at the 75th percentile, then you have a higher score than 75 of the test takers. Your score can be calculated using the Excel function NORM.INV(0.75,18,3) = 20.



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