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Questions regarding monte carlo simulations

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Reference no: EM131172744

Answer the following questions regarding Monte Carlo simulations:

A Monte Carlo simulation is about obtaining many outcome values by which the risk of a model can be assessed. [ Select ] ["True", "False"]

Monte Carlo simulations generate many outcomes that are organized into a frequency distribution. [ Select ] ["True", "False"]

The repetition (replication) of outcomes in Monte Carlo simulations cannot be accomplished with the data table capability of Excel. [ Select ] ["True", "False"]

If there were no random numbers, we could not perform Monte Carlo simulations. [ Select ] ["True", "False"]

Reference no: EM131172744

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