A First Step in Determining How Well a Model Fits

question 5

Multiple Choice

A first step in determining how well a model fits reality is to:

• A) check whether the inputs are correct 
• B) see if the sensitivity analysis is correct 
• C) check whether the model is valid for the current situation 
• D) try some what-if scenarios to see if the model is able to obtain solutions

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Definitions:

Agency Policy

Official rules or guidelines that govern the operations and decision-making processes within an organization.

Substantial Effort

Significant physical or mental exertion put forth to achieve something, indicating a high level of commitment and dedication.

Law Enforcement

Agencies and officers responsible for maintaining public order and safety, enforcing laws, and preventing, detecting, and investigating criminal activities.

Ethical Standards

Guidelines or principles designed to govern conduct and ensure integrity and professionalism in various fields.