Question: Instructions: 1 ) Write out the items / steps / tasks / activities in the text box provided on the worksheet, and state the distribution
Instructions:
Write out the itemsstepstasksactivities in the text box provided on the worksheet, and state the distribution and parameters that will be used. Include at least steps.
Label and put the @RISK functions on the worksheet below the text box.
Use at least of the following @Risk functions.
RISKNORMAL
RISKWEIBULL with or without a shift
RISKPOISSON
RISKTRIANG
Incorporate a RISKBINOMIAL function in a logically correct way.
Include an outcome cell. Dont forget to use RISKOUTPUT.
Ask a probability question what is the percent chance that something will be greater than, less than, between certain values or what value is greater than, less than, between some percents Produce a simulation graph for the question. Copy and paste the graph into your worksheet. Be sure to include the question and the answer.
Be creative, neat, and organized.
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