Multiple Choice
A problem is classified as Markov chain provided
A) There are finite number of possible states
B) States are collectively exhaustive & mutually exclusive
C) Long-run probabilities of being in a particular state will be constant over time
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Biased random sampling is made from among
Q17: The cost of providing service in a
Q18: The general purpose system simulation language<br>A) Requires
Q19: As simulation is not an analytical model,
Q20: Few causes of simulation analysis failure are<br>A)
Q22: Which of the cost estimates & performance
Q23: Analytical results are taken into consideration before
Q24: The important step required for simulation approach
Q25: Which of the following is not one
Q26: A calling population is considered to be