Write True or False to the Statements Below

question 210

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-The economic base of North America is based almost entirely on agriculture and manufacturing.

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Definitions:

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.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of the investor's wealth maximization.

Modern Techniques

Contemporary methods used in various fields to improve efficiency, accuracy, and productivity.