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Exam 1z0-1080-20 topic 1 question 39 discussion

Actual exam question from Oracle's 1z0-1080-20
Question #: 39
Topic #: 1
[All 1z0-1080-20 Questions]

In Strategic Modeling Simulations, what are the three guidelines for selecting the appropriate probability distribution? (Choose three.)

  • A. Select the distribution where the conditions of the distribution match those of the input.
  • B. Randomly generate a range of values for assumptions and enter best guess estimates one cell at a time.
  • C. Evaluate the input in question, and list the conditions surrounding this input.
  • D. Review the descriptions of the probability distributions.
  • E. Use the Monte Carlo method to best guess your probability distribution options based on a range of assumptions.
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Suggested Answer: ACD 🗳️
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/strat_mod_simulations_probability_descriptions_100x1e88e4d0.html

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ann_h
3 years ago
A C D https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/strat_mod_simulations_probability_descriptions_100x1e88e4d0.html
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