Question: Monte Carlo Simulation ( MCS ) Blank _ _ _ _ _ _ . Multiple select question. is another name for scenario analysis provides information
Monte Carlo Simulation MCS Blank
Multiple select question.
is another name for scenario analysis
provides information regarding the max. and min. value of the output variable in a model eg NPV but not probabilities for amounts in between
effectively converts a deterministic model eg NPV into a probabilistic model of project profitability
produces a probability distribution of results eg NPVs for a proposed investment project
involves repeated sampling of values of input variables in a model and the calculation of an output NPV amount for each combination of values.
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