spreadsheet modeling and simulation 1

  • Explain the concept and importance of analyzing risk in business decisions. (CO3, 4)

What is an example of a problem that you feel could be solved by the use of a simulation activity? In your post, specify what the problem is that you’d like to solve and how you would specify a model that would address the problem. You don’t have to actually collect data or run a simulation for this—we’re just looking for how you would analyze it.

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