Monte Carlo Simulation Is

question 42

Multiple Choice

Monte Carlo simulation is:

• A)the most widely used by executives.
• B)a very simple formula.
• C)is more complex than sensitivity or scenario analysis.
• D)the oldest capital budgeting technique.
• E)None of the above.

---

Definitions:

Genetic Adaptability

The ability of an organism's genes to respond and adjust to changes in the environment, enhancing survival and reproduction.

Antibiotics

Medicinal compounds used to kill or inhibit the growth of bacteria, used in the treatment and prevention of bacterial infections.

Ultraviolet Light

A form of electromagnetic radiation with a wavelength shorter than that of visible light, but longer than X-rays, which can have effects such as causing sunburn or vitamin D synthesis in the skin.

Cultural Hazards

Risks that arise from human behavioral practices, beliefs, and conditions in a society, often impacting health and safety.