Graded Quiz 2 Attempt review PDF

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24/03/2021

Graded Quiz 2: Attempt review

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Started on Wednesday, 24 March 2021, 7:55 AM State

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Completed on Wednesday, 24 March 2021, 8:04 AM Time taken 9 mins 57 secs Grade Question 1

10.00 out of 10.00 (100%) Markov analysis assumes that conditions are both

Correct Mark 1.00 out of 1.00

Select one: a. complementary and collectively exhaustive b. collectively dependent and complementary c. collectively dependent and mutually exclusive d. collectively exhaustive and mutually exclusive 

Your answer is correct. The correct answer is: collectively exhaustive and mutually exclusive

Question 2

In Markov analysis, the likelihood that any system will change from one period to the ne

Correct Mark 1.00 out of 1.00

Select one: a. matrix of transition probabilities  b. matrix of state probabilities c. transition-elasticities d. identity matrix

Your answer is correct. The correct answer is: matrix of transition probabilities

Question 3

If we decide to use Markov analysis to study the transfer of technology

Correct Mark 1.00 out of 1 00

Select one:

24/03/2021

Question 4

Graded Quiz 2: Attempt review

Monte Carlo simulation ensures that

Correct Mark 1.00 out of 1.00

Select one: a. Each of the above is true b. The simulated probability distribution will be the same as the actual probability d c. Probabilities must be at most two decimal places d. Only one uncertain decision can be in any simulation model

Your answer is correct. The correct answer is: The simulated probability distribution will be the same as the act

Question 5

Markov analysis is a technique that deals with the probabilities of future occurrences by

Correct Mark 1.00 out of 1.00

Select one: a. using Bayes'theorem b. analyzing presently known probabilities  c. the maximal flow technique d. time series forecasting

Your answer is correct. The correct answer is: analyzing presently known probabilities

Question 6

The condition that a system can be in only one state at any point in time is known as

Correct Mark 1.00 out of 1.00

Select one: a. absorbent condition b. transient state c. collectively exhaustive conditionp d. mutually exclusive condition 

Your answer is correct. The correct answer is: mutually exclusive condition

Question 7 Correct

The following is not an assumption of Markov analysis

24/03/2021

Question 8

Graded Quiz 2: Attempt review

Markov analysis might be effectively used for

Correct Mark 1.00 out of 1.00

Select one: a. technology transfer studies b. university retention analysis c. machine breakdowns d. all of the above 

Your answer is correct. The correct answer is: all of the above

Question 9

Monte Carlo simulation gets its name from which of the following

Correct Mark 1.00 out of 1.00

Select one: a. Data collection b. Model formulation c. Random-number assignment  d. Analysis

Your answer is correct. The correct answer is: Random-number assignment

Question 10

What effect does increasing the sample size have upon the sampling error?

Correct Mark 1.00 out of 1.00

Select one: a. None of the mentioned b. It has no effect on the sampling error c. It increases the sampling error d. It reduces the sampling error 

Your answer is correct. The correct answer is: It reduces the sampling error

◄ Graded Quiz 1

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