Project Management Answers

In the simulation model shown below, what is the primary purpose of the standard deviation formula in cell H11?

Q: In the simulation model shown below, what is the primary purpose of the standard deviation formula in cell H11?

or

Q: What is the main function of the standard deviation formula in cell H11 of the simulation model below?

  • To help assess risk
  • To add a constraint needed for an optimization function
  • None of these are the primary purpose
  • To select a probability distribution for generating random variables

Explanation: The primary purpose of the standard deviation formula in a simulation model is typically to help assess risk.

Leave a Reply

Your email address will not be published. Required fields are marked *