Which term refers to random sampling from probability distributions for one or more variables to analyze an
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Question:
Which term refers to random sampling from probability distributions for one or more variables to analyze an economic model through many iterations? Group of answer choices
a. Simulation
b. Incremental analysis
c. Expected value analysis
d. Joint probability
Related Book For
Business and Administrative Communication
ISBN: 978-0073403182
10th edition
Authors: Kitty o. locker, Donna s. kienzler
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