Podcast
Questions and Answers
What is a fundamental building block of statistics?
What is a fundamental building block of statistics?
- Standard deviation
- Variance
- Probability (correct)
- Mean
Which statistical concept is necessary for developing and using discrete event simulation?
Which statistical concept is necessary for developing and using discrete event simulation?
- Randomness (correct)
- Central tendency
- Hypothesis testing
- Regression analysis
What do statistics provide techniques for representing?
What do statistics provide techniques for representing?
- Randomness (correct)
- Causality
- Certainty
- Determinism
What is used to define a probability space?
What is used to define a probability space?
What is a key use of statistics in discrete event simulation?
What is a key use of statistics in discrete event simulation?