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Unit 2 – Individual Project 

Collapse Assignment Overview & “Go To” LinksAssignment OverviewType: Individual ProjectUnit:  Modeling UncertaintyDue Date:  Wed, 10/18/17Grading Type: NumericPoints Possible:  100Points Earned:  0Deliverable Length:  2-3 pagesView objectives for this assignmentGo To:

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Assignment Details

Assignment Description

A Monte Carlo simulation is one approach to dealing with uncertainly in a decision. In 2–3 pages, write a paper that provides a detailed explanation of the Monte Carlo simulation (in your own words but using supporting references), and provide an example of how you would use it in a decision-making process. Multiple scholarly sources should be used and referenced. Use APA format.

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