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 (e.g., NPV), but not probabilities for amounts in between
effectively converts a deterministic model (e.g., NPV) into a probabilistic model of project profitability
produces a probability distribution of results (e.g., 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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