# MAT 540 Week 5 Midterm

**Tutor description**

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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