which of the following statements isare true regarding the a

which of the following statements is/are true regarding the advantages of mathematical modeling?

a. models accurately represent reality.
b. models can help decision makers formulate problems
c. models cab save time
d. models may be the only way to solve some large and complex problems in Ina timely manner.
e. all the above are true.

Solution

Answer: E. all of the above.

The Advantages of Mathematical Modeling

1. Models can accurately represent reality. If properly formulated, a model can be extremely accurate.

2. Models can help a decision maker formulate problems.

3. Models can give us insight and information.

4. Models can save time and money in decision making problem solving.

5. A model may be the only way to solve some large or complex problems in a timely fashion.

6. A model can be used to communicate problems and solutions to others.