The Largest Component of Domestic Net Worth in 2012 Was

question 39

Multiple Choice

The largest component of domestic net worth in 2012 was

• A)nonresidential real estate.
• B)residential real estate.
• C)inventories.
• D)consumer durables.
• E)equipment and software.

Learn the steps involved in conducting a Monte Carlo simulation.

Understand how probability distributions are used in simulation models.

Grasp the concept of time compression in simulation and its benefits.

Recognize the flexibility and what-if analysis capability of simulation.

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