Numerical values that appear in the mathematical relationships of a model and are considered known and remain constant over all trials of a simulation are
a. parameters.
b. probabilistic input.
c. controllable input.
d. events.
A
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A spouse who is named the beneficiary of a life insurance policy would ordinarily be:
a. a creditor beneficiary. b. an incidental beneficiary. c. a donee beneficiary. d. a debtor beneficiary.
Many companies do not identify and act on the correct non-financial measures. One of the four major mistakes that companies make is ________. In other words, companies attempt to measure complex phenomenon with one or two simple measures or use quantitative metrics to capture qualitative results for factors such as leadership.
A. Measuring incorrectly B. Not creating a balanced scorecard C. Not setting the right performance targets D. Not linking measures to strategy E. Not validating the links
The four components of time series data are: trend variations, cyclical variations, seasonal variations, and random variations. Briefly describe each type of variation
The probability that a person has an Internet connection at home is 34%. The probability that they have access to the Internet at work is 40%. The probability that a person who has access to the Internet at work also has access at home is 55%
What is the probability that a person with an Internet connection at home also has one at work?