Question: A normal distribution with a lower standard deviation is more spread out. True False QUESTION 2 Which of the following is a primary goal of

A normal distribution with a lower standard deviation is more spread

A normal distribution with a lower standard deviation is more spread out. True False QUESTION 2 Which of the following is a primary goal of simulation analysis? Predict what value an important output will take, given the value of certain inputs. Describe the relation between input and output variables. Find the best possible decision within a limited range of options. Analyze the characteristics of important outputs as random variables. QUESTION 3 Once a simulation model for a business problem is constructed, generating a set of random numbers will reveal the best decision(s) the manager can make. True False

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