
Use the information below to answer the following question(s) .
Below is a spreadsheet for Trance Electronics.
Suppose that the project manager of Trance Electronics has identified the following uncertain variables in the model and the distributions and parameters that describe them, as follows:: normal with mean of 2,000,000 units and standard deviation of 400,000 units.
: uniform between $600,000,000 and $800,000,000.
: lognormal with mean of $150,000,000 and standard deviation $30,000,000.
: triangular with minimum = 2%, maximum = 6%, and most likely = 3%.
: triangular with minimum = 15%, maximum = 25%, and most likely = 20%.
The number of trials per simulation is equal to 10,000 at a Sim.Random Seed of 2.Run the simulation and answer the following questions using the Risk Solver Platform.
-What is the coefficient of variation obtained from the simulation results of the net present value?
A) 1.78392
B) -2.23958
C) -1.43288
D) 2.87645
Correct Answer:
Verified
Q1: Which of the following statements is true
Q4: Use the information below to answer the
Q5: Use the information below to answer
Q6: Why is the ROUND function used in
Q7: Which of the following best defines Monte
Q8: How does the Risk Solver Platform define
Q12: Use the information below to answer the
Q13: Use the information below to answer
Q14: Monte Carlo sampling differs from Latin Hypercube
Q17: Latin Hypercube sampling differs from Monte Carlo
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