One approach to mathematical simulation where statistical sampling is used to generate outcomes for a large number of trials is ________

Fill in the blank with the appropriate word.

Answer: Monte Carlo

Business

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Anthony notices that his Discover Card statement gives the company's Web address (Discovercard.com) and directs him there to pay his bills and answer his questions. What e-business strategy is Discover employing with this reference to its website?

a. Decreasing expenses b. Increasing revenue streams c. Decreasing revenue streams d. Selling additional services such as fraud insurance e. Reallocating its revenue stream

Business

A limited liability company (LLC) is taxed like a partnership but provides limited liability for its

owners, similar to a corporation. Indicate whether the statement is true or false

Business