The use of simulation to determine the impact of projects such as nuclear power plants, reservoirs and dams is known as:
Two hundred simulation runs were completed using the probability of a machine breakdown from the table below. The average number of breakdowns from the simulation trials was 1.93 with a standard deviation of 0.20.
No. of breakdowns per week Probability Cumulative probability
0 .10 .10
1 .25 .35
2 .36 .71
3 .22 .93
4 .07 1.00
A) public service operation.
B) environmental and resource analysis.
C) cost benefit analysis.
D) project management.
Answer: B
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