Which of the Following Is NOT a Step in Running

question 57

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 these are steps in running a Monte Carlo simulation.

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Economy

The system or range of economic activity in a country or region, encompassing the production, consumption, and trade of goods and services.

Supernatural

Pertaining to phenomena, forces, or entities beyond the natural world's laws and explanations.

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Anything that is not sacred or biblical; secular; not related to religion or religious practices.