What advantage does a variance reduction technique offer?

What will be an ideal response?

When repeated Monte Carlo simulations are performed, techniques exist to increase the efficiency of the simulations and identify better fitting distributions.

Business

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Modern direct marketers rely heavily on database technologies and the Internet, while early direct marketers primarily used direct mailers, telemarketing, and ________.

A) door-to-door salespeople B) catalogs C) POP promotions D) e-mail E) inside salespeople

Business

Which of the following would not attract the reader's attention in a sales or marketing message?

A) A piece of interesting news B) An appeal to emotion C) A unique solution to a common problem D) Music, animation or video E) An appeal to a sense of financial value

Business