Which one of the following statements regarding simulation analysis is FALSE?
A)Simulation analysis is a form of hypothesis testing.
B)In simulation,dependent variables reflect the values of both the decision variables and the uncontrollable variables.
C)Statistical methods require the replication of simulation runs.
D)Each time a simulation model is run for a given set of decision variables,the same random numbers must be used.

Question

Quizplus · Accepted Answer

Each time a simulation model is run for a given set of decision variables, different random numbers should be used to produce different possible scenarios. Therefore, the statement that the same random numbers must be used in each run is false.

Which One of the Following Statements Regarding Simulation Analysis Is