Many Companies Have Used Simulation to Determine Which of Several

question 10

Multiple Choice

Many companies have used simulation to determine which of several possible investment projects they should choose.This is often referred to as

• A)risk analysis.
• B)@RISK investment.
• C)unbounded risk.
• D)risk management.

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Definitions:

Predictive Validity

The extent to which a score on a scale or test predicts future performance on a related task or outcome.

Computer Programming Aptitude Test

A standardized test designed to assess an individual's potential to succeed in and understand computer programming and related disciplines.

Content Validity

The extent to which a test measures all aspects of the concept or construct it intends to measure.

Sensation And Perception

describe the processes by which we detect physical stimuli from our environment and then interpret these stimuli into meaningful experiences.