Question: How do you go about figuring out what to base a Simulation Study as, as below in question 15? An economist wishes to model potential

How do you go about figuring out what to base a Simulation Study as, as below in question 15?

How do you go about figuring out what to base a Simulation

An economist wishes to model potential outcomes in the stock market in the upcoming year. To do this, she decides to conduct a simulation study. What would be the best way to go about doing this? O The economist conducts a model with 100 simulations of the stock market, basing her simulations on stock market data from the past 5 years. O The economist conducts a model with 10,000 simulations of the stock market, basing her simulations on stock market data from the year 2002. O The economist conducts a model with 100 simulations of the stock market, basing her simulations on stock market data from the year 2002. O The economist conducts a model with 10,000 simulations of the stock market, basing her simulations on stock market data from the past 5 years. Question # 15

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