How Should One Determine Which RNGs to Employ in a Spreadsheet

question 28

Multiple Choice

How should one determine which RNGs to employ in a spreadsheet simulation model?

• A)Use the Risk Solver Platform (RSP)gallery and pick a distribution.
• B)Generate thousands of samples and compare the resulting histogram to ensure the distribution is correct.
• C)Solve the deterministic model repeatedly and use Risk Solver Platform (RSP) distribution fitting tools.
• D)The distributions selected should represent the underlying pool of values expected to occur.

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Definitions:

Consciously Distorting

The intentional manipulation or alteration of perception or information.

Unconsciously Distorting

Altering perceptions, memories, or data without conscious awareness, often to align with personal beliefs or desires.

Collectivism

A cultural value that emphasizes the importance of groups and collective well-being over individual achievement or desires.

Introversion

A personality trait characterized by a focus on internal feelings rather than external sources of stimulation, often involving a preference for solitude or small group interactions.