What Is Bootstrapping in Crystal Ball

question 23

Multiple Choice

What is bootstrapping in Crystal Ball?

• A)It is a statistical tool that provides a priori sensitivity information about the impact of each model variable on a target forecast.
• B)It is a statistical technique that fits probability distributions to multiple data series.
• C)It is a statistical technique that analyzes sample statistics empirically by repeatedly sampling the data and creating distributions of the statistics.
• D)It is a statistical tool that allows individuals to define correlations between groups of assumptions in a model.

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Definitions:

Organizational Norms

Established standards of behavior or beliefs that guide the actions of members within an organization.

Donald Kirkpatrick

An influential figure in the field of training and development, best known for creating the Kirkpatrick Model for evaluating the effectiveness of training programs.

Training Content

The instructional information and materials included in a training program, covering specific knowledge, skills, and attitudes.

Trainability Test

An assessment used to determine an individual's potential to learn specific skills or tasks through training.