Business, 07.06.2021 16:10 Dracopaul03
Which of the following characteristics implies that a quantitative model is probabilistic in nature?
(a)The fact that it uses random variables.
(b)The fact that it uses an exponential function.
(c)The fact that it measures time in discrete steps.
(d)The fact that it is based on theory rather than data.
Answers: 1
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Which of the following characteristics implies that a quantitative model is probabilistic in nature?...
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