In a simulation process, the error of the estimates of the output can be reduced

ID: 3315253 • Letter: I

Question

In a simulation process, the error of the estimates of the output can be reduced by

Question 6 options:

increasing the range of possible values for the random variables.

increasing the number of random variables.

conducting regression analysis to forecast values.

increasing the number of trials per simulation.

increasing the range of possible values for the random variables.

increasing the number of random variables.

conducting regression analysis to forecast values.

increasing the number of trials per simulation.

Question:In a simulation process, the error of the estimates of the output can be reduced by.....

Answer: In a simulation process, the error of the estimates of the output can be reduced by increasing the number of simulation per trial.

Hence option d is correct.