Is it possible to have several dependent variables in a model? 2. Are several variables possible in a decision-making problem? 3. Which model-descriptive, predictive, or prescriptive-of a particular choice issue would you be most likely to employ if it were offered to you? Why? 4. Give an example of a well-known corporate, political, or military leader who made a choice that either had a positive or negative impact. 5. What distinguishes a computer model from a spreadsheet model?
Is it possible to have several dependent variables in a model? 2. Are several variables possible in a decision-making problem? 3. Which model-descriptive, predictive, or prescriptive-of a particular choice issue would you be most likely to employ if it were offered to you? Why? 4. Give an example of a well-known corporate, political, or military leader who made a choice that either had a positive or negative impact. 5. What distinguishes a computer model from a spreadsheet model?
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Transcribed Image Text:Is it possible to have several dependent variables in a model?
2. Are several variables possible in a decision-making problem?
3. Which model-descriptive, predictive, or prescriptive of a particular choice issue would you
be most likely to employ if it were offered to you? Why?
4. Give an example of a well-known corporate, political, or military leader who made a choice
that either had a positive or negative impact.
5. What distinguishes a computer model from a spreadsheet model?
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