One Advantage of Simulation Is That It Can Differentiate Between

question 61

True/False

One advantage of simulation is that it can differentiate between unsystematic and systematic risk.

---

Definitions:

Shared Rules

Agreed-upon guidelines or norms that govern the behavior of members within a group or society.

Norms

In test construction, established standards of performance.

Groupthink

The tendency for all members of a group to think alike for the sake of harmony and to suppress disagreement.

Suppress Dissension

Refers to actions or strategies aimed at minimizing conflict, disagreement, or opposition within a group.