The Primary Advantage of ___________ Is That It Enables a Firm

question 44

Multiple Choice

The primary advantage of ___________ is that it enables a firm to test the feasibility of proposed changes at relatively little expense.

• A)data mining
• B)application-specific software
• C)simulation
• D)artificial intelligence

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Definitions:

P(Z > 3.00)

The probability that a value Z, on a standard normal distribution, is greater than 3.00.

Area

In geometry, the measurement of the extent of a two-dimensional surface or shape, expressed in square units.

P(Z < 3.00)

A statistical expression indicating the probability of a standard normal variable being less than 3.00.

P(Z > 1.9)

The probability that a standard normal random variable Z exceeds the value of 1.9, commonly used in statistical analysis to find tail probabilities.