Multiple Choice
Simulation is defined as
A) A technique that uses computers
B) An approach for reproducing the processes by which events by chance & changes are created in a computer
C) A procedure for testing & experimenting on models to answer what if ___, then so & so ___ types of questions
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q6: If a matrix of transition probability is
Q7: In a matrix of transition probability, the
Q8: Simulation should not be applied in all
Q9: While assigning random numbers in Monte Carlo
Q10: The purpose of using simulation technique is
Q12: The transition matrix elements remain positive from
Q13: While calculating equilibrium probabilities for a Markov
Q14: Service mechanism in a queuing system is
Q15: In a matrix of transition probability, the
Q16: Biased random sampling is made from among