A Spreadsheet Lends Itself to Playing the What- If Game

question 7

True/False

A spreadsheet lends itself to playing the what- if game because the user can manipulate one or more variables to see the effect of the outcome of the simulation.

Recognize the effects of market economies on resource conservation and innovation.

Understand how government policies and economic incentives can influence energy efficiency and the transition to alternative energy sources.

Grasp how global economic expansion affects natural resource demand and supply.

Identify the impact of consumer behavior shifts in response to changes in resource prices.

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Definitions:

Relative Frequency

A measure indicating how often a certain value, event, or outcome occurs in relation to the total number of cases observed.

Diagnosis

The process of identifying the nature of an illness or other problem by examination of the symptoms.

Venn Diagrams

Graphical representations using circles to show the relationships and differences between various sets.

Intersection

The point or set of points where two or more geometric figures meet or cross.