Problem 141 of 7
Use simulation results to compare strategies from Investment A lost money in 5% of 2000 simulations, averaging a 3% gain. Investment B lost money in 20% of simulations, averaging a 5% gain.
Using a hint is okay. It just tells the trainer to give you a little more review.
Hidden until you reveal it.
interpret relative frequencies and variability.
Hidden until you reveal it.
Interpret relative frequencies, averages, variability, and trial count.
Enter your answer
Your answer is equivalent to the expected form.
Walkthrough
Full solution stays hidden until you ask for it.
1. Compare simulated averages or success rates.
2. Consider number of trials and variability.
3. State what the simulation supports.
Use the worked steps, then substitute the final answer back into the original relationship to confirm it satisfies the prompt.
Overconfident conclusion from a tiny simulation.