The Excel Sensitivity Report Can Be Used to Perform Sensitivity

question 37

True/False

The Excel sensitivity report can be used to perform sensitivity analysis for integer programming problems.

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Definitions:

Average Run Length

This is a statistical term used to describe the average number of trials until a specified event occurs.

Control Limits

Defined in statistical quality control, control limits are the bounds within which a process metric is considered to be in a state of statistical control, beyond which indicates a potential issue needing investigation.

Standard Errors

Measures of the variability or spread of sampling distribution estimates, indicating how much sample means differ from the true population mean.

Sample Mean

The average of a set of numerical values.