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In the weekly discussion, you are required to answer all of the questions below and reply to a minimum of 2 of your classmates for
In the weekly discussion, you are required to answer all of the questions below and reply to a minimum of 2 of your classmates for a total of 3 posts. PLEASE NOTE: Discussions are graded on a PASS/FAIL basis, therefore, you must meet the required minimum of 3 posts in order to receive credit. - Explain the use for Monte Carlo simulations. - What is the importance of analyzing risk in business decisions? - What is the significance of the "flaw of averages
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