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Monte Carlo Simulation is similar to a scenario analysis, but a program generates thousands of scenarios automatically and it can have a much better understanding
Monte Carlo Simulation is similar to a scenario analysis, but a program generates thousands of scenarios automatically and it can have a much better understanding of the risks of the project than scenario analysis.
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Cost Benefit Analysis Concepts and Practice
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
4th edition
137002696, 978-1108448284, 1108448283, 978-0137002696
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