Simulation, Which Is the Use of Probability and Statistical Computer

question 44

Multiple Choice

Simulation, which is the use of probability and statistical computer models to better understand risk, falls under the category of _____ analytics.

• A) prescriptive
• B) predictive
• C) descriptive
• D) diagnostic

---

Definitions:

Cross-Cultural Negotiations

The process of discussing and coming to an agreement between parties from different cultural backgrounds.

Social Connections

The relationships and networks that individuals form with others.

Global Manager

A leader or executive who oversees operations, strategies, and teams across multiple countries, understanding diverse cultural and business practices.

Contrast Error

A type of cognitive bias in performance evaluation where an individual is assessed based on a comparison with others rather than on objective criteria.