Monte Carlo simulation is a type of ________ simulation.
A) deterministic
B) probabilistic
C) exact
D) analytical

Name: Monte Carlo simulation is a type of ________ simulation. A) deterministic B) probabilistic C) exact D) analytical
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Monte Carlo simulation is a probabilistic simulation method that uses random sampling to generate possible outcomes and estimate the probability distribution of a complex system.

Monte Carlo Simulation Is a Type of ________ Simulation