Question: I need to apply quantitative and analytic methods to solve possible financial problems someone can be facing at work. or example, identify a problem at

I need to apply quantitative and analytic methods to solve "possible" financial problems someone can be facing at work. or example, identify a problem at work regarding marketing, describe it, and discuss how one could use a:

a. Monte Carlo Simulation to solve the problem?

and identify the variables and data one would use to solve the problem.

b. how could the output one would expect from the Monte Carlo Simulation?

c. why it is a valid approach to use the Monte Carlo Simulation?

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