1. Summarize the important knowledge that you need to successfully build good de

1. Summarize the important knowledge that you need to successfully build good decision models. 2. What is meant by verification? What is spreadsheet engineering? 3. What is meant by What-if Analysis and Sensitivity Analysis? 4. Discuss the inherent conflict between the realism and complexity of a model. Explain the meaning of the term validity in this connection.

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