When specifying the probability distribution for the input variables, which approach is most useful for capturing the full range of possible values in a simulation study? A. Using the actual data B. Using an empirical distribution C. Using a theoretical distribution

When specifying the probability distribution for the input variables, which approach is most useful for capturing the full range of possible values in a simulation study? A. Using the actual data B. Using an empirical distribution C. Using a theoretical distribution

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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When specifying the probability distribution for the input variables, which approach is most useful for capturing the full range of possible values in a simulation study?

A. Using the actual data

B. Using an empirical distribution

C. Using a theoretical distribution

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