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Author Question: Which of the following design guidelines, if followed, enables the user to update the model ... (Read 83 times)

Jkov05

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  • Posts: 556
on: Jun 24, 2018
Which of the following design guidelines, if followed, enables the user to update the model parameters without the risk of mistakenly creating an error in a formula?
 a. Separating the parameters from the spreadsheet model
  b. Documenting the spreadsheet model
  c. Using numbers in the spreadsheet formula
  d. Using simple formulas

Question 2

Probability is the
 a. number of successes divided by the number of failures.
  b. numerical measure likelihood that an outcome occurs.
  c. chance that an event will not happen.
  d. number of successes divided by the standard deviation of the distribution.


Athena23

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

a
RATIONALE: Separating the parameters from the model enables the user to update the model parameters without the risk of mistakenly creating an error in a formula.

Answer to Question 2

b
RATIONALE: Probability is the numerical measure likelihood that an outcome occurs.


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