Question

estion 4 t yet swered arked out of The benefits of commercial risk simulation add-ins for Excel are: Select one a. Provides sampling routines for many probability distributions b. Provides tools for analysing the results of a simulation c. Provides optimisation routines to find the best solution d. Only answers a) and b) are correct e. Only answers a) and c) are correct f.Only answers b) and c) are correct g. All of the above a), b) and c) are correct Flag estion

Answer 1

EXCEL add-ins like Crystal Ball , Risk Solver , @RISK hads the following features.

• These contains a good base-set of probability distributions from which to choose,
• a straightforward means of collaboration between analysts and decision makers.
• The capability to perform multiple simulations, with the results revealing the effect of alternative decisions.
• Simulation Optimization

G) So All (A), (B), (C) are correct.