Examlex
A temperature of 90oF with 70% relative humidity?[INSERT TABLE 5-5.]
Random Variates
Randomly generated values that follow a specified distribution.
Assumption Cells
Cells in a spreadsheet model where key input values are entered, which are based on assumptions that affect the model's outcomes.
Random Numbers
Numbers generated in a sequence that lacks any predictable patterns, used in various simulations and cryptographic applications.
Monte Carlo Simulation
Monte Carlo Simulation is a computational technique that uses random sampling to estimate complex mathematical or physical systems' behaviors.
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