Multiple Choice
Optimum consulting is concerned about the maximum project time in one of their project management models.Using simulation,they found an estimate of the maximum project time to be about 364 days.To better understand the variability,Optimum consulting has used ________ that estimated the accuracy of the forecast statistics shown in the statistics view of the simulation results.
A) Scenario Analysis tool
B) Decision Table tool
C) 2D Simulation tool
D) Bootstrap tool
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Use the data shown below to answer
Q15: Running the Tornado Charts tool before the
Q16: What is Monte Carlo simulation?<br>A)It is the
Q17: Use the data shown below to answer
Q18: Risk analysis seeks to examine the impacts
Q20: Use the data shown below to answer
Q21: Use the data set shown below to
Q22: Explain instances where we have to use
Q23: What is bootstrapping in Crystal Ball?<br>A)It is
Q24: In the analytical approach,if more than one