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Author Question: What is the value called that occupies the middle position when the data are ranked from lowest to ... (Read 82 times)

hbsimmons88

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What is the value called that occupies the middle position when the data are ranked from lowest to highest?
 a. the mode
 
  b. the mean
 
  c. the range
 
  d. the median

Question 2

Which function is often required in simulations where we must model a process over multiple time periods and take the uncertain timing of events into account?
 a. RISKMIN
  b. RISKMAX
  c. NPV
  d. IF
  e. none of these choices



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mjbamaung

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Answer to Question 1

d

Answer to Question 2

d




hbsimmons88

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


adammoses97

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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