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"As the Credit Crisis Unfolded Over the Past Year, One

question 230

Multiple Choice

"As the credit crisis unfolded over the past year, one of the few certainties in the global economy seemed to be China's ability to plough on regardless of double-digit growth rates...The ...crisis has also focused ...on the need to update a growth model that...is still dependent on assembling goods for export without adding much value and on heavy industries that create pollution. Chinese companies have continued to find new foreign markets for their products...several other factors point to a slowing property market...production of steel, cement and air conditioners was down... Retail sales have risen by 23 per cent in each of the last two months".
Beijing's Burden, www.FT.com, by Geoff Dyer, Sept. 23, 2008
-According to the article, ________ can be expected to ________ this year.

Know how to use tools such as the Correlation Matrix, Bootstrap tool, and Tornado Charts in Crystal Ball for enhanced analysis.

Understand the implications and methodology of Monte Carlo and Latin Hypercube sampling techniques.

Grasp the procedures for fitting distributions and making forecasts with Crystal Ball.

Comprehend the role and use of Decision Tables and Scenario Analysis tools in risk management.

Definitions:

Right-Skewed

Describes a distribution of data where the tail on the right side of the distribution is longer or fatter than the left side, indicating that the mean is greater than the median.

Standard Deviation

The square root of the variance, measuring the dispersion of a dataset relative to its mean.

Mean

The mathematical calculation where you add all the numbers in a set and divide by the number of elements to find the average.

Mound-Shaped Distribution

A data distribution that is symmetric and bell-shaped, often resembling the normal distribution but not necessarily having its mathematical properties.