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In a deterministic model, A) There’s uncertainty associated with its parameters B) There’s a measurable outcome...

In a deterministic model,

A) There’s uncertainty associated with its parameters

B) There’s a measurable outcome

C) All its parameters are known with complete certainty

D) Computation must be done manually without computer software

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Answer #1

B) There's a measurable outcome

The objective is to create an exact relationship between variables and that would be possible only when the outcome can be measured.

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