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Author Question: Running the Tornado Charts tool before the Monte Carlo simulation helps in ________. A) ... (Read 96 times)

piesebel

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Running the Tornado Charts tool before the Monte Carlo simulation helps in ________.
 
  A) specifying correlation coefficients that define dependencies between assumptions
  B) fitting continuous distributions from the empirical distribution of the data
  C) screening out assumptions that would have little impact on the forecast
  D) estimating the sampling distribution of any statistic, even an unconventional one such as the minimum or maximum endpoint of a forecast

Question 2

All of the following are examples of discrete random variables except ________.
 
  A) the income of an American family
  B) the outcomes from rolling dice
  C) the rating of customer satisfaction on a scale of 1 to 10
  D) the number of apples in a basket


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potomatos

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piesebel

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


carlsona147

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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