Which of the Following Best Describes a Random Variable

question 46

Multiple Choice

Which of the following best describes a random variable?

• A) A spreadsheet input cell containing a random number generator.
• B) The outcome of a simulation model.
• C) Any variable whose value cannot be predicted with certainty.
• D) All of these describe random variables.

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Definitions:

Organizational Values

The core principles and beliefs that guide an organization's behavior and decision-making processes.

Perception-Shaping Mechanisms

The processes and factors that influence how individuals interpret, analyze, and give meaning to the information they encounter, affecting their understanding and judgment.

Organizational Culture

The shared values, beliefs, and norms that influence the way employees think, feel, and behave within an organization.

Policies

Established guidelines or principles that direct an organization's actions and decision-making processes.