Which statement is true for the Monte Carlo method?

a$.$ It is a two$-$dimensional grid that plots the probability of an event $($likelihood$),$ and the severity of the consequences $($impact$)$ if the event does occur.

b$.$ It is a graphical tool used in risk management to depict the range of possible outcomes for a given event, along with the likelihood of each outcome.

c$.$ It calculates both the likelihood of a threat and its possible impact.

d$.$ It is a statistical technique that generates and analysis a large number of possible outcomes.