Multiple Choice
Use the information below to answer the following question(s) .
Below is a spreadsheet for Trance Electronics.
Suppose that the project manager of Trance Electronics has identified the following uncertain variables in the model and the distributions and parameters that describe them, as follows:: normal with mean of 2,000,000 units and standard deviation of 400,000 units.
: uniform between $600,000,000 and $800,000,000.
: lognormal with mean of $150,000,000 and standard deviation $30,000,000.
: triangular with minimum = 2%, maximum = 6%, and most likely = 3%.
: triangular with minimum = 15%, maximum = 25%, and most likely = 20%.
The number of trials per simulation is equal to 10,000 at a Sim.Random Seed of 2.Run the simulation and answer the following questions using the Risk Solver Platform.
-What is the correlation of the R&D cost with the NPV with reference to the sensitivity chart?
A) -0.361
B) 0.028
C) 0.908
D) -0.194
Correct Answer:

Verified
Correct Answer:
Verified
Q2: How does the Risk Solver Platform define
Q3: Use the information below to answer
Q10: Conduct Monte Carlo simulation using historical
Q14: What are three types of Risk Solver
Q17: As Monte Carlo simulation is essentially statistical
Q35: Answer the following question(s) using the
Q39: Use the information below to answer the
Q40: If a simulation has multiple output variables
Q41: The Risk Solver Platform feature allows you
Q43: Monte Carlo sampling differs from Latin Hypercube