The following partially completed spreadsheet contains information for computing an annual budget Is this a deterministic or stochastic model and why? A B Ramirez Monthly Budget JP W Variables : 4 Annual salary $ 54,960.90 5 One-time bonus $ 10,000.00 6 Fixed expenses 50% 7 Salary savings 10% 8 Bonus savings 50% 19 10 Annual Estimates 11 Savings Spending money. deterministic because all model parameters are known with certainty, and the output of the model is fully determined by the model parameters deterministic because some randomness is incorporated in the model: therefore, the model will produce different outputs even with the same Inputs stochastic because all model parameters are known with certainty, and the output of the model is fully determined by the model parameters stochastic because some randomness is incorporated in the model: therefore, the model will produce different outputs even with the same Inputs