- 1 Marks
Question
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
Answer
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
- Tags: Monte Carlo Simulation, Simulation, System Behavior
- Level: Level 1
- Topic: Operations Research
- Series: NOV 2015
- Uploader: Dotse