Simulation Problems

Simulation Problems.

The purpose of the assignment is to gather the information needed to set up the problem, run the simulation, and interpret the results to solve the problem.

Complete Chapter 12 Problems 2, 3a, 4, 6a, 6c, 10, 27a, 27c, and 27d from the textbook, using the student data files provided in the Course Materials, as directed.

Complete the assignment using the Analytic Solver Platform. Unless otherwise stated, run simulations with 1,000 trials.

Submit the Excel outputs required for each problem. Note that Excel files are to include all functions and formulas used to generate the problem solutions.

Submit a narrative summary in a Word document of the results of running each simulation.

APA style is not required, but solid academic writing is expected.

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Simulation Problems


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