Provide a detailed explanation of the monte carlo simulation

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Reference no: EM132285427 , Length: 2

Discussion

A Monte Carlo simulation is one approach to dealing with uncertainly in a decision.

In 2-3 pages, write a paper that provides a detailed explanation of the Monte Carlo simulation (in your own words but using supporting references), and provide an example of how you would use it in a decision-making process.

Multiple scholarly sources should be used and referenced. Use APA format.

2-3 Pages APA Format. NO Plagarism

Reference no: EM132285427

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