Question

Simulation analysis is based on assigning a _____ and analyzing the results. Multiple Choice narrow range...

Simulation analysis is based on assigning a _____ and analyzing the results.

Multiple Choice

  • narrow range of values to a single variable

  • narrow range of values to multiple variables simultaneously

  • wide range of values to a single variable

  • wide range of values to multiple variables simultaneously

  • single value to each of the variables

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Answer #1

Simulation analysis refers to a method where infinite calculations are made to obtain the possible outcome.

Hence, the answer is option d, a wide range of values to multiple variables simultaneously.

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