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Question

What does Monte-Carlo simulation in predictive analytics aim to determine?

a.

Future probabilities and trends

b.

Hidden patterns in data

c.

Potential outcomes under uncertainty

d.

Real-time operational process optimization

Posted under Big Data Computing

Answer: (c).Potential outcomes under uncertainty Explanation:Monte-Carlo simulation in predictive analytics aims to determine potential outcomes under uncertainty.

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Q. What does Monte-Carlo simulation in predictive analytics aim to determine?

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