What Type of Random Variable Is Necessary for a Monte

question 15

Multiple Choice

What type of random variable is necessary for a Monte Carlo valuation?

• A) Standard normal distribution
• B) Normal distribution
• C) Lognormal distribution
• D) All of the above

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Definitions:

Internal-Stable

A characteristic or attribute that is considered innate and constant within an individual or situation.

Bad Teacher

A term typically used to describe an educator who is unsuccessful in engaging or educating their students effectively.

Self-Serving Bias

The tendency to attribute positive outcomes to internal factors and negative outcomes to external factors in oneself.

Ingroup

A social group to which a person psychologically identifies as being a member.