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Which of the Following Is Not Correct Regarding Next-Event Simulation

question 17

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Which of the following is not correct regarding next-event simulation models?


Definitions:

Privacy Issue

Concerns or disputes over the collection, use, and dissemination of personal information.

Proprietary Databases

Are databases owned by an individual or a company with restrictions on their use, modification, and distribution.

Liability

In financial terms, it represents an obligation or debt that an entity owes to another that requires settlement by future transfer or use of assets, provision of services, or other economic benefits.

Privacy Issue

Concerns related to the protection of personal and sensitive information from unauthorized access, use, or disclosure in the digital age.

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