In a Simulation Process, the Error of the Estimates of the Output

question 40

Multiple Choice

In a simulation process, the error of the estimates of the output can be reduced by

• A)increasing the range of possible values for the random variables.
• B)increasing the number of random variables.
• C)increasing the number of trials per simulation.
• D)conducting regression analysis to forecast values.

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Definitions:

Pretest

A pretest is an evaluation or test conducted before the main test or assessment to gauge its effectiveness, identify potential problems, or assess participants' baseline knowledge or abilities.

Posttest

An assessment or test given after a particular content has been taught or an intervention has been implemented, to evaluate its effectiveness.

Implementation Phase

the stage in a project or plan where strategies are executed or applied to achieve the intended outcomes.

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