MAT 540 Week 5 Midterm

Aug 7th, 2016
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Strayer University
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40 Questions in Total - All Answered Correctly 1. Deterministic techniques assume that no uncertainty exists in model parameters. 2. A continuous random variable may assume only integer values within a given interval. 3. An inspector correctly identifies defective products 90% of the time. For the next 10 products, the probability that he makes fewer than 2 incorrect inspections is 0.736. 4. A decision tree is a diagram consisting of circles decision nodes, square probability nodes, and branches. 5. Starting conditions have no impact on the validity of a simulation model. 6. A table of random numbers must be normally distributed and efficiently generated. 7. The Delphi develops a consensus forecast about what will occur in the future. 8. The Delphi develops a consensus forecast about what will occur in the future. 9. Assume that it takes a college student an average of 5 minutes to find a parking spot in the main parking...........

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Question 15 out of 5 pointsDeterministic techniques assume that no uncertainty exists in model parameters.Selected Answer:TrueCorrect Answer:TrueQuestion 25 out of 5 pointsA continuous random variable may assume only integer values within a given interval.Selected Answer:FalseCorrect Answer:FalseQuestion 35 out of 5 pointsAn inspector correctly identifies defective products 90% of the time. For the next 10 products,the probability that he makes fewer than 2 incorrect inspections is 0.736.Selected Answer:TrueCorrect Answer:TrueQuestion 45 out of 5 pointsA decision tree is a diagram consisting of circles decision nodes, square probability nodes, andbranches.Selected Answer:FalseCorrect Answer:FalseQuestion 55 out of 5 pointsStarting conditions have no impact on the validity of a simulation model.Selected Answer:FalseCorrect Answer:FalseQuestion 65 out of 5 pointsA table of random numbers must be normally distributed and efficiently generated.Selected Answer:FalseCorrect Answer:FalseQuestion 75 out of 5 pointsThe Delphi develops a consensus forecast about what will occur in the future.Selected Answer:TrueCorrect Answer:TrueQuestion 85 out of 5 pointsData cannot exhibit both trend and cyclical patterns.Selected Answer:FalseCorrect Answer:FalseQuestion 95 out of 5 pointsAssume that it takes a college student an average of 5 mi

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