Question: How does a Monte Carlo simulation improve upon sensitivity analysis? Group of answer choices By always providing a more accurate assessment of a projects risk.

How does a Monte Carlo simulation improve upon sensitivity analysis?

Group of answer choices

By always providing a more accurate assessment of a projects risk.

By providing a more accurate internal rate of return for a project.

By allowing for a larger number of variables to change at once.

By allowing for a larger number of iterations or scenarios.

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