If the result of a Monte Carlo model is the cost () of a project, what units

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If the result of a Monte Carlo model is the cost (£) of a project, what units do the following result statistics have — mean, mode, median, standard deviation, variance, skewness, kurtosis?

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Fundamentals Of Risk Analysis And Risk Management

ISBN: 9781566701303

1st Edition

Authors: Vlasta Molak

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Question Posted: Jul 19, 2024 05:01 PM

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If the result of a Monte Carlo model is the cost () of a project, what units

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Fundamentals Of Risk Analysis And Risk Management

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