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Understanding and responding to the covid 19 pandemic

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Reference no: EM132640957

(1) "Uncertainty pervades decision making in business, government, and our personal lives." Discuss how Monte Carlo simulation could be used in better understanding and responding to the COVID 19 pandemic.

(2) Discuss in the context of your workplace or your personal lives how simulations may be used to make better decisions. Give specific examples.

Reference no: EM132640957

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