Table 13-5
-According to Table 13-5,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 13-5  
-According to Table 13-5,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

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