Table 14-4
-According to Table 14-4, which presents a summary of the Monte Carlo output from a simulation of 200 runs, there are 5 possible values for the variable of concern. If random numbers between 01 and 100 are used to generate values, then a random draw of 72 would produce a variable value of ________.
A) 0
B) 1
C) 2
D) 3
E) 4

Question

Table 14-4  
-According to Table 14-4, which presents a summary of the Monte Carlo output from a simulation of 200 runs, there are 5 possible values for the variable of concern. If random numbers between 01 and 100 are used to generate values, then a random draw of 72 would produce a variable value of ________.
A) 0 
B) 1 
C) 2 
D) 3 
E) 4

Quizplus · Accepted Answer

The random draw of 72 falls within the range assigned to the variable value of 3 in the Monte Carlo simulation output.