Asked by Brian Dykstra on Jul 17, 2024
Verified
If a simulation has multiple related forecasts,the ________ feature in Crystal Ball allows an individual to superimpose the frequency data from selected forecasts on one chart in order to compare differences and similarities that might not be apparent.
A) Tornado Charts
B) Forecast Charts
C) Overlay Charts
D) Sensitivity Charts
Overlay Charts
Graphical representations that display multiple data sets on top of one another for comparison purposes.
Frequency Data
Information that shows how often certain values, variables, or categories occur within a dataset.
Forecasts Comparison
The process of evaluating and analyzing multiple predictions to determine accuracy or to make informed decisions.
- Comprehend the utilization of tornado and sensitivity charts in the decision-making process.
Verified Answer
SW
samantha winterJul 18, 2024
Final Answer :
C
Explanation :
Overlay Charts feature in Crystal Ball allows an individual to compare different forecasts and superimpose frequency data on one chart to show differences and similarities that might not be apparent. Tornado Charts show sensitivity analysis of the input variables, Forecast Charts show the range of possible values for the forecasted result, and Sensitivity Charts show the impact of changing one input variable on the output variable.
Learning Objectives
- Comprehend the utilization of tornado and sensitivity charts in the decision-making process.
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