Computers and Technology

All of the following statements correctly describe an advantage or disadvantage associated with the use of monte carlo analysis except: a. monte carlo simulations do not consider risks b. the flexibility of monte carlo analysis allows for more realistic estimates. c. monte carlo simulation aids in the identification of near-critical paths. d. monte carlo simulations typically require the use of special software and skills.

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All of the following statements correctly describe an advantage or disadvantage associated with the...

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