Question: (T / F) With simulation, the model is repeated many times and the models output for each repetition is used to construct a statistical distribution

(T / F) With simulation, the model is repeated many times and the models output for each repetition is used to construct a statistical distribution of all the outcomes. This shows the average completion time of the decision

Which of the following is not a type of quantitative risk analysis? a. FMEA b. decision tree analysis c. Monte Carlo simulation d. expert judgment

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