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Risk management is a major usage of Monte Carol simulation. True (T) or False (F)? Taking risks is always bad. True (T) or False (F)?

Risk management is a major usage of Monte Carol simulation. True (T) or False (F)?

Taking risks is always bad. True (T) or False (F)?

Monte Carlo sampling selects random values (variates) independently over a short, partial range of the possible values of the entire distribution. Provide your answer: True (T) or False (F) ?

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