Answer to Question #20055 in Statistics and Probability for Natasha

Question #20055
what are the steps to solving a simulations problem using excel?
1
Expert's answer
2012-12-07T04:04:29-0500
There are several steps that need to be completed in order to solve simulations& using excel
1. To identify variables (dependent and independent)
2. Understand what other factors should be taken into consideration (dummy variables)
3. Identify which Excel function can be used to evaluate and solve simulation
4. To run Excel function identifying variables
5. Interpret outcome.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal