Question: Which of the following is a difference between deterministic and stochastic or probabilistic models? A. Deterministic models set up functional relationships between dependent and independent
Which of the following is a difference between deterministic and stochastic or probabilistic models?
| A. | Deterministic models set up functional relationships between dependent and independent variables and stochastic set up functional relationships between independent and dependent variables. | |
| B. | Deterministic models assume the dependent variable(s) are known with certainty and stochastic models assume the dependent variable(s) contain uncertainty.
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| C. | Deterministic models assume the independent variable(s) are known with certainty and stochastic models assume the independent variable(s) contain uncertainty.
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| D. | None of these. |
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