What is the Monte Carlo method?
What will be an ideal response?
The Monte Carlo method is a simulation technique that uses random elements when chance exists in their behavior.
Business
You might also like to view...
Accountants must try to protect the AIS from threats. Which of the following would be a measure that should be taken?
A) Take a proactive approach to eliminate threats. B) Detect threats that do occur. C) Correct and recover from threats that do occur. D) All of the above are proper measures for the accountant to take.
Business
Unlike other segments of the tourism industry, there are specific classifications and uniform reporting systems for theme parks
a. true b. false
Business