While assigning random numbers in Monte Carlo simulation, it is
A) Not necessary to assign the exact range of random number interval as the probability
B) Necessary to develop a cumulative probability distribution
C) Necessary to assign the particular appropriate random numbers
D) All of the above
Correct Answer:
Verified
Q16: Markov analysis is useful for:
A) Predicting the
Q17: Which of the following is not one
Q18: An advantage of simulation as opposed to
Q19: The purpose of using simulation technique is
Q20: As simulation is not an analytical model,
Q22: Analytical results are taken into consideration before
Q23: Biased random sampling is made from among
Q24: Large complicated simulation models are appreciated because
A)
Q25: Simulation should not be applied in all
Q26: Simulation is defined as
A) A technique that
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