Explain the difference between random numbers and random number intervals
What will be an ideal response?
Random numbers are a series of digits that have been selected by a totally random process. Random number intervals are numbers used to represent each possible value or outcome in a computer simulation. During simulation, a particular random number is matched against the random number intervals to determine the value for the element being modeled that particular time.
You might also like to view...
To determine cash payments for merchandise for the statement of cash flows using the direct method, a decreasein accounts payable is added to the cost of merchandise sold
a. True b. False Indicate whether the statement is true or false
Unless necessary, highly technical presentations should be avoided.
Answer the following statement true (T) or false (F)
Management has considerable latitude in making judgments and estimates regarding portions of an asset's cost to expense and to retain on the balance sheet
Indicate whether the statement is true or false
Exceeding customer expectations is often referred to as customer ________.
A. delight B. excellence C. loyalty D. satisfaction E. essence