In order to generate more accurate results when using simulation:
A) use a continuous distribution instead of a discreet distribution.
B) increase the number of replications.
C) increase the number of factors considered.
D) All of the answers choices are correct.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

Increasing the number of replications will increase the sample size and reduce variability, leading to more accurate results. Choosing a continuous distribution or increasing the number of factors considered may also improve accuracy, but increasing the number of replications is a more direct solution.

In Order to Generate More Accurate Results When Using Simulation