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What Are the Basic Steps in Performing a Monte Carlo

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What are the basic steps in performing a Monte Carlo analysis?


Definitions:

Breeders

Usually refers to individuals or organizations that selectively breed plants or animals for specific genetic traits.

Opposable Thumbs

A feature of some primates' hands, allowing the thumb to touch the fingertips of the same hand, enabling grasping and manipulation of objects.

Bipedally

Walking on two feet as the primary form of locomotion, characteristic of humans and their ancestors.

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