Which of the Following Is Not a Step in Running

question 6

Multiple Choice

Which of the following is not a step in running a Monte Carlo simulation?

• A) setting up a probability distribution for important variables
• B) building a cumulative probability distribution for each variable
• C) establishing an interval of random numbers for each variable
• D) generating random numbers
• E) All of the above are steps in running a Monte Carlo simulation.

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Definitions:

Geographic Departmentation

Relatively self-contained units deliver an organization’s products or services in a specific geographic territory.

Multiple Geographic Regions

Refers to the operations or presence of a business, organization, or entity across various distinct physical locations or areas around the world.

Gender Roles

The roles, behaviors, activities, and traits deemed suitable for men and women by a particular society, as constructed through social processes.

Emotional Closeness

The feeling of being intimately connected to another individual, often characterized by feelings of affection, understanding, and shared experiences or thoughts.