Q944
A type of simulation method using random numbers to determine the evolution of a system is
A.
Model dispersion
B.
Monte carlo
AnswerC.
Monadic
D.
Padding
E.
None of the above
Answer: Option B
Solution
Answer: Option B
Solution:
1) A type of simulation method using random numbers to determine the evolution of a system is Monte carlo.2) Monte Carlo simulation is a computerized mathematical technique that allows people to account for risk in quantitative analysis and decision making.