Which of the following statements about simulation are true? Select all correct answers A) In Discrete Event
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Question:
Which of the following statements about simulation are true?
Select all correct answers
A) In Discrete Event Simulation, an event marks a change in thestate of the system
B) Simulation models cannot be run in spreadsheets. Simulationcan only be run in specialized softwares such as AnyLogic.
C) The Monte Carlo simulation uses random samples andstatistical models to mimic the operations of complex systems.
D) When comparing different scenarios, statistical hypothesistesting can be used to provide final conclusions.
E) Simulation should not be used if the problem can be solvedanalytically.
F) None of the above.
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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