Cumulative probabilities are analogous to the discrete ranges of random numbers used in the Monte Carlo process.

Name: Cumulative probabilities are analogous to the discrete ranges of random numbers used in the Monte Carlo process.
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Cumulative probabilities are used in the Monte Carlo process to map discrete ranges of random numbers to specific outcomes, allowing for the simulation of complex systems by sampling from these distributions.

Cumulative Probabilities Are Analogous to the Discrete Ranges of Random