The Numbers Used to Represent Each Possible Value or Outcome

question 70

Short Answer

The numbers used to represent each possible value or outcome in a computer simulation are referred to as ________.

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Definitions:

Financial Risk

The possibility of losing money on an investment or business venture.

Project Completion

The final stage in a project where all tasks have been finished and the project objectives have been met.

SDLC

The Software Development Life Cycle is a methodology used for organizing, developing, testing, and launching an information system.

First Stage

The initial phase in a process or sequence of events, often setting the groundwork or foundation for subsequent stages.