Taking multiple, random samples from an existing data set and running thousands of "what if" analyses, each with different assumptions about market conditions and other marketplace dynamics is an example of which of the following?
A) Regression analysis
B) Trend analysis
C) Time series analysis
D) Simulation analysis
E) Spectral analysis

Question

Quizplus · Accepted Answer

Simulation analysis involves creating a model to run multiple scenarios with varying assumptions to predict outcomes, which aligns with the description provided.

Taking Multiple, Random Samples from an Existing Data Set and Running