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photoshop1234 [79]
2 years ago
8

Monte carlo simulation generates many outcomes that are organized into a frequency distribution.

Mathematics
1 answer:
nalin [4]2 years ago
3 0

The statement is True, Monte Carlo simulation generate many outcomes that are organized into a frequency distribution.

Monte Carlo simulation

  • When the possibility of random variables is available, a Monte Carlo simulation is a model that is used to forecast the likelihood of a variety of events. Monte Carlo simulations assist in illuminating how risk and uncertainty affect forecasting and prediction models

  • The potential accuracy of a Monte Carlo simulation is roughly 4%, which is still higher than the 1% accuracy stated by SAMPLE, even for a random function with a 3 error factor.

Learn more about Monte Carlo simulation here: brainly.com/question/14332670

#SPJ4

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Jim ordered a sports drink and three slices of pizza for $8.50. His friend ordered two sports drinks and two slices of pizza for
vagabundo [1.1K]

Answer:

total is 16.50

Step-by-step explanation:

add 8.50+8.00

8 0
3 years ago
A waitress sold 10 ribeye steak dinners and 18 grilled salmon dinners, totaling $590.39 on a particular day. anither day she sol
Len [333]

Answer:

   a) The cost of ribeye steak dinners is $ 16.96.

   b) The cost of grilled salmon dinners is $ 23.37.

Explanation:

 Let the cost for ribeye steak dinners  be m and cost for grilled salmon dinners  be n.

 A waitress sold 10 ribeye steak dinners and 18 grilled salmon dinners, totaling $590.39 on a particular day.

So, we have    

         10 m + 18 n = 590.39 -------equation 1

Another day she sold 22 ribeye steak dinners and 9 grilled salmon dinners, totaling $583.49

So, we have    

         22 m + 9 n = 583.49 -------equation 2

 equation 2 x 2

       44 m + 18 n = 1166.98 -------equation 3

 equation 3 - equation 1

        44 m + 18 n - (  10 m + 18 n ) = 1166.98 - 590.39

         m = 16.96 $

  Substituting in equation 1

        22 x 16.96 + 9 n = 583.49

          n = 23.37 $

   a) The cost of ribeye steak dinners is $ 16.96.

   b) The cost of grilled salmon dinners is $ 23.37.

6 0
3 years ago
What is the difference between an equation and expression?
inysia [295]

Answer:

An expression is a number or a combination of numbers and an equation is made up of two expressions connected by an equal sign.

Step-by-step explanation:

3 0
3 years ago
Madison needs to buy a new laptop for her music production. She borrows $2,100 and must pay the money back in equal amounts for
Bad White [126]

Answer:

304

Step-by-step explanation:

2100÷7=300

300+interest=300+4

=304

6 0
3 years ago
Read 2 more answers
Please help ASAP if u can!! :))))
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Answer:

the answer is 32cm squared

Step-by-step explanation:

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3 years ago
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