Question:medium

Which of the following is a primary advantage of Monte Carlo simulation?

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Monte Carlo simulation is based on \[ \boxed{ \text{Random Sampling} + \text{Repeated Simulation} } \] to analyze uncertainty in complex systems.

Updated On: Jul 14, 2026

It always provides exact analytical solutions
It handles complex stochastic systems where analytical solutions are difficult or impossible
It requires no random numbers
It is only used for deterministic problems

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The Correct Option is B

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