What is an example of a financial application in which simulation cannot be applied?
A)Future stock prices
B)Customer preferences for different attributes of products
C)Future interest rates
D)Future cash flows

Question

Quizplus · Accepted Answer

Simulation is not typically used for customer preferences as it involves qualitative data and subjective analysis, whereas simulation is more suited for quantitative data like stock prices, interest rates, and cash flows.

What Is an Example of a Financial Application in Which