Explain the Process of Running a Simulation Using Risk Solver

question 25

Essay

Explain the process of running a simulation using Risk Solver Platform.

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Definitions:

Conformity Increased

A phenomenon where individuals adjust their behavior or beliefs towards group norms as the pressure from the group increases.

Dynamic Social Impact

A theory suggesting that individuals in a group influence each other and over time, the group becomes more homogenous in their beliefs and behaviors.

Geographically Distributed

Pertaining to entities, individuals, or systems that are spread out across different geographic locations.

Social Comparison

Social comparison is the process by which individuals evaluate their own opinions and abilities by comparing themselves to others, to assess their worth or status.