A Simulation Model Is Validated If It Adequately Depicts Real

question 61

True/False

A simulation model is validated if it adequately depicts real system performance.

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Definitions:

Regression Analysis

A statistical method used to determine the strength and character of the relationship between one dependent variable and one or more independent variables.

Linear Equation

An algebraic equation in which each term is either a constant or the product of a constant and a single variable, and it graphically represents a straight line.

Causal Variable

A causal variable is a factor that directly influences the outcome of an experiment or study, indicating a cause-and-effect relationship.

Staffing Table

Total HR demand requirement for operational or short-run time periods.