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Explain how Morgan in the article "Experiments versus Models: New Phenomena, Inference and Surprise" argues that laboratory experiments are a better source of knowledge about the world than computer simulations.
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- Determine the seven steps to take in order to explore the problem using simulation.An entrepreneur has embarked on a project to use human hair in place of animal furs in a clothing line. The human hair is to be woven into cotton fabrics, to make a hybrid fabric, that can be used as a thermal insulating fabric (i.e., it keeps persons warm). To increase the probability of sales the hybrid fabric must be dyed in various colors. Provide advice to the entrepreneur on what approaches should/could be taken to dye the new hybrid fabric. In your advice discuss the requirements of the dyes to be used, why hair dyes would not be a good option and how the dye(s) you suggest would work in the application based on the structure/properties of the fabric.What is discrete simulation explain with the help of examples ?
- What other real-world factors might be important to consider in designing the simulation and making a recommendation?What exactly is Simulation Model Development?Which experimental method involves randomly assigning participants to one of two groups in order to collect data and compare the performance of two distinct options? This method has been emphasized in various tech companies (e.g., Amazon, Netflix, Rent the Runway), and it is an useful method for uncovering causality between variables. Most tech companies heavily use this method for their data analytics process. Multivariate testing Bucket testing Web usability testing A/B testing Conjoint analysis
- Explain the importance of the Hamada equation.No Pain Corp Omar Amman, the CEO of No Pain Corp (NPC), is under stress. They produce transcutaneus electrical nerve simulation units (TENS) for pain control. Amman faces a new opportunity and is not sure how to go about it. Recently, the the Department of Health of Canada has approved low current TENS devices to be sold directly to consumers without a doctor’s note. This will come into effect in three months. In the past, one needed a doctor’s note and could rent the device from some companies. These TENS machines, as they are called in Canada, are popular, since the older population has found them to be effective in pain control with almost no side effects. Amman can sell the device via drug-stores and pharmacies as well as on Amazon. But, Amman is not sure. Amman used to work as a supply chain manager for a power-tool company. Back then, it was a huge logistical “pain,” no pun intended, to work with large retailers and to attend to their fulfilment needs. Those retailers used to…Use this data and build a model to forecast annual maintenance expenses based on the weekly usage in hours. If the machine is used for 38.4 hours, what should I expect my annual maintenance expenses to be? (Keep one decimal place) Weekly Usage (hours) Annual Maintenance Expense 13 17.0 10 22.0 20 30.0 28 37.0 32 47.0 17 30.5 24 32.5 31 39.0 40 51.5 38 40.0