2 years ago

A Monte Carlo experiment is a statistical analysis that uses repetitive random sampling to solve a problem.

Mathematics

1 answer:

zzz [600]2 years ago

8 0

Answer:

True

Step-by-step explanation:

In the Monte Carlo simulations process, the probability of outcomes is determined on the basis of repeated sampling for the outcomes in a process which can not be determined easily due to several random variables involved in the process. This techniques helps in determining the risk, uncertainty in prediction and forecasting models.

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Step-by-step explanation:

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2 years ago

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lbvjy [14]

NVM

Step-by-step explanation:

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3 years ago

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