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

1 answer:

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

You might be interested in

How to answer this question

12345 [234]

Flip the fraction to make the -3 exponet positive then it will be 9x^5/3x^3 which the answer would then be 3x^2

7 0

2 years ago

Read 2 more answers

a woman is expecting triplets. what is the probability that there are 2 girls and 1 boy? what is the probability that all 3 babi

navik [9.2K]

Let the boy be B and the girl be G
there are six possible outcomes
BGG, GBB, GBG, BGB, BBB, and GGG
therefore the probability of getting one boy and two girls is $\frac{1}{6}$
also the probability of getting 3 girls is $\frac{1}{6}$

8 0

3 years ago

Read 2 more answers

Jefferson Park sits on one square city block that measures 300ft on each side. Sidewalks join opposite corners. About how long i

Alexxandr [17]

You have a 300 feet side length square and you need to calculate the length of the diagonal. When you split the square along one diagonal you get triangles, so you can apply Pythagoras' Theorem, with the hypotenuse as the needed diagonal.
a²+b²=c²
300²+300²=c²
2*300²=c²
√(2*300²)=c
√(2) * √(300²)=c
√(2) * 300=c
c~424.26 ft which is the solution/option c

5 0

2 years ago

How many different whole numbers will divide into 168 without a remainder

Fiesta28 [93]

Answer:

1, 2, 3, 4, 6, 7, 8, 12, 14, 21, 24, 28, 42, 56, 84, 168

3 0

3 years ago

Copper can be shaped into various forms due to a physical property called

Anni [7]

Answer:

IT CAN BE MANY THINGS

Step-by-step explanation:

5 0

3 years ago