Spreadsheet Simulation Modeling Is Quite Similar to the Other Modeling

question 36

True/False

Spreadsheet simulation modeling is quite similar to the other modeling applications in that it begins with input variables and then relates these with appropriate Excel^® formulas to produce output variables of interest.

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Definitions:

Cognitive Process

The collection of mental activities and operations involved in processing information, including thinking, memory, and perception.

Reflex

A simple, automatic response to a specific stimulus, such as the knee-jerk reaction.

Problem Solving

The process of identifying a problem, developing possible solution paths, and taking the appropriate course of action.

Behaviorism

A school of psychology that seeks to define psychological research in terms of observable measures emphasizing the scientific study of behavior.