What Method Uses the Insight That for Each Simulated Realization

question 17

Multiple Choice

What method uses the insight that for each simulated realization there is an opposite and equally likely realization?

• A) Stratified sampling
• B) Control variate
• C) Antithetic variate
• D) Efficient variate

---

Definitions:

Nominal Group Techniques

A structured method for group brainstorming that encourages contributions from everyone in the group and is used to generate and prioritize ideas or solutions.

Linear Relationship

A direct correlation between two variables where a change in one variable is consistently associated with a proportionate change in the other.

Ratio Analysis

A financial analysis technique that uses ratios derived from a firm's financial statements to evaluate its financial condition and performance.

Qualitative Demand Forecasting

The process of predicting future demand for a product or service based on non-quantitative information such as expert opinions and market trends.