Select the True Statement from Those Provided

question 13

Multiple Choice

Select the true statement from those provided.

• A)Batch processing fails to attain the efficiency of real-time processing.
• B)Real-time processing fails to attain the efficiency of batch processing.
• C)Real-time processing is efficient for large groups of similar data.
• D)Real-time processing has less complex audit trails.

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Definitions:

Portfolio

In finance, a collection of investments.

Projects

Individual or collaborative efforts undertaken to achieve a specific goal within a certain timeframe.

Monte Carlo Simulation

A computational technique that utilizes random sampling and statistical modeling to estimate mathematical functions and mimic the operation of complex systems.

Probability Distributions

A mathematical function that outlines every potential value and their probabilities that a random variable might assume across a specified spectrum.