A model without any simplifying assumptions
A) is highly complex and likely unworkable.
B) excludes important predictive variables.
C) is very helpful for solving tough,real-world problems.
D) does not look like the real-world problem it is meant to address.
E) provides simplified solutions to complex problems.

Question

Quizplus · Accepted Answer

A model without any simplifying assumptions is likely to be highly complex and difficult to work with. It may also be impractical or unworkable in real-world situations. Therefore, choice A is the best answer. The other options are not accurate in describing such a model.

A Model Without Any Simplifying Assumptions