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Mathematics and Computing

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A simulation model that changes only at discrete points of time is called:
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A stochastic variable is one that:
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Which of the following properties is not essential for a sequence of random numbers used in simulation?
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The general formula for a Linear Congruential Generator (LCG) is:
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Distributed lag models are used when:
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In Monte Carlo simulation, accuracy can be improved by:
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The cobweb model is generally used to represent:
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In hypothesis testing, the probability of rejecting a true null hypothesis is known as:
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The run test is used to test:
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The Monte Carlo method is mainly based on:
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