Which of the Following Is a Common Simulation Technique

question 22

Multiple Choice

Which of the following is a common simulation technique?

• A) ANOVA
• B) Monte Carlo method
• C) stratified sampling
• D) multistage sampling

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Definitions:

Moral Intensity

Refers to the extent of ethical urgency that people perceive in a situation, influenced by outcomes and social consensus.

Social Pressure

The influence that is exerted by society or a social group on individuals or its members to conform to expected norms and behaviors.

Ethical Awareness

The ability to recognize ethical issues and dilemmas in one's professional and personal life, understanding both the implications and possible responses to such challenges.

Competition

The rivalry among businesses or individuals for resources, markets, and customers, aiming to achieve superior performance.