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Author Question: A major automobile maker has two models of sedans. The first model has been shown to get an average ... (Read 106 times)

SAVANNAHHOOPER23

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on: Jun 24, 2018
A major automobile maker has two models of sedans. The first model has been shown to get an average of 27 mpg on the highway with a standard deviation equal to 5 mpg. The second model gets 33 mpg on average with a standard deviation of 8 mpg.
 
  Based on this information the first car model is relatively more variable than the second car model. Indicate whether the statement is true or false

Question 2

In Crystal Ball, Latin Hypercube sampling results in a more even distribution of forecast values than Monte Carlo forecasting because it samples the entire range of the distribution in a more consistent manner.
 
  Indicate whether the statement is true or false


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Eazy416

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

FALSE

Answer to Question 2

TRUE


SAVANNAHHOOPER23

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Reply 2 on: Jun 24, 2018
Gracias!

mochi09

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Reply 3 on: Yesterday
Excellent

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