Examlex
Which of the following is a basic operation performed on a queue?
Monte Carlo Simulation
A statistical technique that uses random sampling and variability to predict outcomes of a process, often used in finance to model risk and uncertainty in investment portfolios.
Simulation
The process of creating a model to study the behavior of a system or its components under various conditions.
Capital Budgeting
The process of assessing and planning for a company's long-term investment opportunities and expenditures to ensure profitability and expansion.
Certainty Equivalent Approach
A method used in capital budgeting and investment theory that adjusts the future cash flows of investments for risk, making them equivalent to certain cash flows with no risk.
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