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Alenkinab [10]
3 years ago
13

Identify the steps to conducting a simulation in the correct order. (1 point) state the problem or question, state the assumptio

ns, assign digits to represent outcomes, simulate many repetitions, state conclusions state the problem or question, assign digits to represent outcomes, state the assumptions, simulate many repetitions, state conclusions state the problem or question, assign digits to represent outcomes, simulate many repetitions, state the assumptions, state conclusions state the problem or question, state the assumptions, simulate many repetitions, assign digits to represent outcomes, state conclusions multiple choice
Business
1 answer:
NeTakaya3 years ago
6 0

<span>Simulation is an imitation of a situation or a chance behavior that accurately reflects the situation under consideration. </span>

<span>Steps in  conducting a simulation in the correct order (first choice)</span>

• State the problem or question

• State the assumptions,

<span>• Assign  digits to represent outcomes,
• Simulate many repetitions
• State your conclusions</span>

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The discount factor should be computed by  

= 1 ÷ (1 + rate)^years

     

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