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Which Function Is Often Required in Simulations Where We Must

question 78

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Which function is often required in simulations where we must model a process over multiple time periods and take the uncertain timing of events into account?


Definitions:

Problem

A matter or situation regarded as unwelcome, harmful, or needing to be dealt with.

Dilemma

A situation in which a difficult choice has to be made between two or more alternatives, especially equally undesirable ones.

Brainstorm

Technique to generate as many ideas as possible for consideration.

Website

A collection of interlinked web pages hosted on the World Wide Web, accessible via the internet by users around the world.

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