Examlex

Solved

The Normal Distribution Is Often Used in Simulation Models Because

question 11

True/False

The normal distribution is often used in simulation models because it is the most common distribution in statistics and it does not allow negative values.


Definitions:

Shipping Costs

Expenses incurred in transporting goods from one place to another, often passed on to the buyer as part of the purchase price.

Online Shopping

The act of purchasing products or services over the internet, allowing consumers to buy goods from the comfort of their own home.

Personal Contact

Direct interaction between two or more people, typically used in marketing to build relationships with customers or clients.

Online Retailers

Businesses that sell products or services over the Internet to consumers, without having physical storefronts.

Related Questions