How are the results of a Monte Carlo simulation analyzed? Monte Carlo simulation results are analyzed using descriptive statistics, such as the mean, standard deviation, and graphs of simulation results. Monte Carlo simulation results are not analyzed. The results of Monte Carlo simulation speak for themselves. Monte Carlo simulation results are analyzed using measures of forecast accuracy, such as the mean square error or mean absolute deviation. O Monte Carlo simulation results are analyzed by using Excel's Solver add-in to solve for the optimal solution.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
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How are the results of a Monte Carlo simulation analyzed?
O Monte Carlo simulation results are analyzed using descriptive statistics, such as
the mean, standard deviation, and graphs of simulation results.
Monte Carlo simulation results are not analyzed. The results of Monte Carlo
simulation speak for themselves.
Monte Carlo simulation results are analyzed using measures of forecast
accuracy, such as the mean square error or mean absolute deviation.
Monte Carlo simulation results are analyzed by using Excel's Solver add-in
solve for the optimal solution.
Transcribed Image Text:How are the results of a Monte Carlo simulation analyzed? O Monte Carlo simulation results are analyzed using descriptive statistics, such as the mean, standard deviation, and graphs of simulation results. Monte Carlo simulation results are not analyzed. The results of Monte Carlo simulation speak for themselves. Monte Carlo simulation results are analyzed using measures of forecast accuracy, such as the mean square error or mean absolute deviation. Monte Carlo simulation results are analyzed by using Excel's Solver add-in solve for the optimal solution.
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