Monte Carlo Simulation Is Based on Assigning a ________ and Analyzing

question 67

Multiple Choice

Monte Carlo simulation is based on assigning a ________ and analyzing the results.

• A)single value to each of a project's variables
• B)wide range of values to multiple variables simultaneously
• C)wide range of values to a single variable
• D)narrow range of values to two variables simultaneously
• E)narrow range of values to a single variable

---

Definitions:

Natural Gas

Hydrocarbons that exist as gas or vapor at ordinary temperatures and pressures.

Sedimentary Facies

Different sections of a sedimentary environment that exhibit distinct characteristics in terms of composition, appearance, and means of origin.

Regression

Regression in geology refers to the retreat of the sea from the land, resulting in the exposure of previously submerged areas, often indicating a relative drop in sea level or uplift of the land.

Subduction

The process by which one tectonic plate moves under another plate and into the mantle, often associated with volcanic activity.