In Crystal Ball,Latin Hypercube sampling results in a more even distribution of forecast values than Monte Carlo forecasting because it samples the entire range of the distribution in a more consistent manner.
Correct Answer:
Verified
Q71: If several cells in the model have
Q72: In Crystal Ball,uncertain inputs are called forecasts.
Q73: Define risk and risk analysis.
Q74: In Crystal Ball,the output variables in which
Q75: Running the Tornado Charts tool before the
Q77: List the steps used in Crystal Ball
Q78: In the analytical approach,the probabilities of completing
Q79: In Crystal Ball,Monte Carlo sampling divides each
Q80: Assumption cells in Crystal Ball can be
Q81: Explain how to fit distributions with Crystal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents