Question Tag: Monte Carlo Simulation

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QTB – Nov 2015 – L1 – SA – Q8 – Operations Research

This question asks about the simulation method that uses random numbers to predict system behavior.

A simulation method that uses random numbers to predict system behavior is called:

A. Markov chain simulation
B. Box Jenkins simulation
C. Random variable simulation
D. Stochastic simulation
E. Monte Carlo simulation

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QTB – Nov 2015 – L1 – SA – Q8 – Operations Research

This question asks about the simulation method that uses random numbers to predict system behavior.

A simulation method that uses random numbers to predict system behavior is called:

A. Markov chain simulation
B. Box Jenkins simulation
C. Random variable simulation
D. Stochastic simulation
E. Monte Carlo simulation

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