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Approach 1 differs from Approach 2 in that: A. it is deterministic. B. a functional form of the statistical distribution for each decision variable needs
"Approach 1 differs from Approach 2 in that:
A. it is deterministic. B. a functional form of the statistical distribution for each decision variable needs to be specified. C. it assumes that sampling the returns from the actual data provides sufficient guidance about future asset returns."
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