Simulation Is a Method That Uses Repeated Random Sampling of Values

question 22

True/False

Simulation is a method that uses repeated random sampling of values in order to represent uncertainty in a model that represents a real system and computes the values of model outputs.

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Definitions:

National Curve Equivalent

A standardized score that represents a student's relative rank on a national scale.

Normal Curve

The normal curve, or normal distribution, is a bell-shaped curve that shows the probability distribution of a continuous random variable, with most occurrences happening near the mean.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values around the mean (average) of the set.

Raw Scores

Pure data collected from assessments or tests before any processing or normalization.