In a Forecast Chart Provided by Crystal Ball,a Certainty Level

question 80

Multiple Choice

In a forecast chart provided by Crystal Ball,a certainty level is ________.

• A)a probability interval that states the probability of the forecast falling within the specified range of the grabbers
• B)the number of trials displayed on the forecast chart
• C)the number of trials specified in the Trials Tab contained in the Run Preferences item of the Run group
• D)a number that specifies the count of assumptions defined before running the simulation

Calculate the value of perpetuities using different discount rates.

Determine the annual percentage rate (APR) for loans with monthly interest charges.

Calculate the year-end balance for investments with monthly compounding.

Convert monthly interest rates into effective annual interest rates (EAR).

---

Definitions:

Average Product

The output per unit of input, calculated by dividing the total product by the quantity of input.

Average Product

The output per unit of input, calculated by dividing total output by the total number of units of input.

Production Possibilities

Different combinations of two or more goods and services that can be produced in a given time period, given a certain amount of resources and technology.

Total Product

The overall quantity of output that a firm produces, usually in relation to a given amount of input.