A Monte Carlo Simulation Model Uses

question 70

Multiple Choice

A Monte Carlo simulation model uses

• A) random variables as inputs.
• B) a point estimate.
• C) the cost of capital.
• D) portfolio risk.

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Definitions:

Earth's Crust

The outermost layer of the Earth, consisting of solid rocks, and is subdivided into the continental and oceanic crust.

Surface Environments

The various natural settings on the Earth's exterior, including oceans, forests, deserts, and glaciers, where unique geological processes can occur.

Glacier

A large, slow-moving mass of ice, formed from compacted layers of snow, that shapes the landscape through erosion and deposition.

Lake

A body of water surrounded by land, typically freshwater, formed naturally or by artificial means.