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A Simulation Model Was Replicated 100 Times Yielding a Mean

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A simulation model was replicated 100 times yielding a mean of 82.59 with variance of 17.66.Of the 100 replications,11 replications yielded an outcome over a value of 100.What is the 90% confidence interval on the mean?

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Definitions:

Encryption

The process of converting information or data into a secure format to prevent unauthorized access, ensuring privacy and security.

Firewall

A system (either hardware, software, or a combination of both) that prevents a specific type of information from moving between untrusted networks, such as the Internet, and private networks, such as your company’s network.

Untrusted Networks

Networks that are not secure, where the risk of data interception and unauthorized access is higher.

Private Networks

Networks designed for specific organization or group use, not accessible by the general public.

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