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E20-065 Exam Dumps : Advanced Analytics Specialist Exam for Data Scientists

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Advanced Analytics Specialist Exam for Data Scientists Questions and Answers

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Question 1

What is an important simu-lation design consideration?

Options:

A.

Ensure model Inputs align with reality

B.

Use different seed values to regenerate results

C.

For rare event models, minimize number of trials

D.

A complex model is better than a simple model

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Question 2

Which problem type is best suited for simulation?

Options:

A.

One with a few. non-random input variables

B.

One that has a closed-form solution

C.

One with numerous, non-random Input-variables

D.

One that compares "what-if scenarios

Question 3

A hotel chain runs a simul-ation on room pricing. They want to estimate revenue, per hotel, within +/- $10 with 95% confidence (Za/2=1.96). The estimated revenue standard deviation is $5000 based on previous booking data.

What is the optimal number of simulation trials to run?

Options:

A.

A 32-bit operating system was used

B.

The same number of trials was used

C.

A linear congruential generator (LCG) was used (or pseudo-random number generation

D.

Different seeds tor the random number generator were used.

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