In Order to Generate More Accurate Results When Using Simulation

question 57

Multiple Choice

In order to generate more accurate results when using simulation:

• A) use a continuous distribution instead of a discreet distribution.
• B) increase the number of replications.
• C) increase the number of factors considered.
• D) All of the answers choices are correct.
• E) None of the answer choices is correct.

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Definitions:

Morning Bias

Morning Bias refers to the potential for decision-making or judgment to be influenced by the time of day, especially a tendency to have different cognitive processing in the morning.

Subjective Performance Measures

Evaluation metrics based on personal judgments or opinions rather than quantifiable data, often used in performance reviews.

Frame-of-Reference Training

Training designed to standardize the evaluation criteria and rating scales used by evaluators, typically in the context of performance appraisal.

Structured Interviews

An interview method where all candidates are asked the same predetermined questions in the same order to ensure fairness and consistency.