Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the MBA, a student needs to take Course A, Course B, and Course C to take Course D. The probability that he/she will pass

In the MBA, a student needs to take Course A, Course B, and Course C to take Course D. The probability that he/she will pass Course A is 95%, Course B is 70%, and Course C is 80%. If the student has developed a Monte Carlo simulation model to estimate the probability that he/she will be able to take Course D and got the random numbers representing Course A, Course B, and Course C, shown below, what would be the answer? 0.530; 0.973; 0.137

Seleccione una:

1.Take Course D because you probably will pass all three required courses.

2.Take Course D because you probably will not pass one of the required courses.

3.Will not be able to take Course D because you probably will not pass all three required courses.

4.Will not be able to take Course D because you probably will not pass at least one of the required courses.

5.None of the above.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Systems Analysis and Design

Authors: Shelly Cashman, Gary B. Shelly and Harry J. Rosenblatt

9th Edition

978-1133274056, 9780538481618, 1133274056, 538481617, 978-1133274636

Students also viewed these General Management questions