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If a Spreadsheet Simulation User Has a Probability Distribution That

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If a spreadsheet simulation user has a probability distribution that may assume 1 of 5 values with nearly equal probability, this user has what type of distribution?


Definitions:

Cafeteria-Style Plan

A benefits plan that offers employees a set of alternatives from which they can choose the types and amounts of benefits they want.

Software Packages

Pre-developed software applications bundled together to meet various user needs or perform multiple related tasks.

Benefits Packages

A collection of non-wage compensations such as health insurance, retirement plans, and paid leave, offered by employers to attract, motivate, and retain employees.

Summary Plan Description

A document provided by employers that outlines the benefits, rights, and obligations under employee benefit plans.

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