Monte Carlo analysis is also known as:

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Monte Carlo analysis is also known as simulation analysis, as it relies on running multiple simulations using random variables to determine the likelihood of different outcomes. Scenario analysis involves analyzing specific scenarios to determine their potential impact. Sensitivity analysis involves varying input variables in order to assess their impact on output variables. Risk analysis involves assessing potential risks and their potential impact on a project or investment. While all of these techniques may be used in conjunction with Monte Carlo analysis, simulation analysis is the specific name for this type of analysis.

Monte Carlo Analysis Is Also Known As