What Technology Has Experienced Rapid and Widespread Growth in the 21^st

question 11

Multiple Choice

What technology has experienced rapid and widespread growth in the 21^st century and has created one of the largest technology markets after the PC revolution in the 1980s and 1990s?

• A) Collaboration technology
• B) Mobile technology
• C) Social networking technology
• D) Electronic business technology

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Definitions:

Cumulative Probability Distribution

A statistical function that describes the probability of a random variable falling within a certain range or being less than a specific value.

Monte Carlo Simulation

A computational technique that uses random sampling to obtain numerical results, often used for risk assessment or to solve physical and mathematical problems.

Cumulative Probability Distribution

A function that gives the probability that a random variable is less than or equal to a certain value.

Monte Carlo Analysis

A statistical technique that uses random sampling and simulation to estimate the probability of different outcomes in a process or decision-making.